What?
An adjustment entry is the act of reducing or increasing the amount of inventory in a certain warehouse or location. This can be done on a SKU level or based off of location.
Why?
There will be occasions that you allocate inventory incorrectly. You may accidentally add excess stock of a SKU to an incorrect bin. There may be times that you add excessive units to a defective report, causing the need for a change. Many situations exist for why you may utilize an adjustment entry. Overall, they are important to maintain the integrity of accurate perpetual inventory management.
How?
Inventory -> Adjustment Entries -> New Adjustment Entry
2. Filter by SKU or Location
3. Select Applicable SKU or Location, Specify Warehouse and Location of Adjustment
4. Determine Proper Quantities (negative sign indicates reduction, no sign signals increase)
5. Add to Adjustment Entries (Review adjustment entry, add any needed remarks)
6. Post Adjustment Entries