Inventory Adjustments are conducted when a manager needs to increment or decrement inventory outside of standard receiving or shipment processes (shrinkage, etc.). This is usually done after a cycle count or physical inventory to correct the inventory in hand. The process is executed similarly as a stock transfer.
If new inventory needs to be added to the system, a receiving process must be done instead. Stock cannot be generated "from scratch" through an Inventory Adjustment. Only pre-existing inventory items may be adjusted.
To access the Inventory Adjustments Menu, navigate to Operations > Inventory Management > Inventory Adjustments.
The user creates an Inventory Adjustment document which is then the source for selecting the inventory that is to be adjusted. The Inventory Adjustment is then posted to update the inventory accordingly.
