Adjusting Item Quantity - Affecting Value
- Choose Index to Reports from the Reports menu. Select Items
List (Summary) from the report list and click Display. Verify the
current quantity of the item you want to change.
- In the Inventory Command Center, click the Adjust
Inventory button.
- Enter the item’s number in the Item # column. In the
Quantity column, enter the quantity of the adjustment, not the new
quantity. For example: if your Items List (Summary) Report
currently shows 10 units on hand, and you want to change it to 15,
enter 5 in the Quantity column. Or, if the Items List (Summary)
Report shows 10 units on hand and you want to change it to 8, enter
-2 in the Quantity column.
- Enter $0 in the Unit Cost and Amount columns.
- Enter the correct Location, if you use Locations
- In the Account # column, enter the item’s asset account
number. It was assigned to the item when you created it. Note:
Since you are adjusting the item's quantity and not the value,
there will not be a transaction recorded in the Inventory
Transaction Journal. The reason being, there are no values to be
debited or credited.
- Click Record.
- Display an Item List (Summary) Report to verify the change to your items quantity.