Stock adjustments are essential for maintaining accurate inventory records in FF Inventory. Whether you need to account for new stock, damaged goods, or discrepancies found during stocktakes, creating a stock adjustment is a straightforward process. Here’s how to do it:
Access Inventory Section: Start by selecting "Manage Inventory" from the navigation bar. Look for the option "Stock Adjustment" and click on it. This section is dedicated to adjusting your inventory records.
Initiate New Stock Adjustment: Click on the "+ New Stock Adjustment" button on the Stock Adjustment page. This action will open a new stock adjustment form.
Choose Warehouse and Add Code:
Select Warehouse: Choose the relevant warehouse for which you are making the stock adjustment. It’s important to specify the correct warehouse to ensure accurate inventory tracking.
Stock Adjustment Code: Add a unique Stock Adjustment code for reference and tracking purposes.
Reason for Stock Adjustment:
Select Reason: Choose the reason for your stock adjustment from the dropdown list. Common reasons include new stock arrival, damage, theft, or discrepancies found during stocktakes.
Add New Reason: If the specific reason isn’t listed, click on "Add New" to include a custom reason.
Update Stock Values:
Select Items: In the stock section, select the items for which you need to update the stock quantity. You can add the items by scanning the barcodes as well. You just need to enable the "Scan Barcode" option.
Change Stock Value: Enter the changed stock value in the "Change" column. Use negative values to reduce stock and positive values to increase stock. The "New Qty" column will display the updated quantity.
Add Notes and Tags:
Document Details: You can add notes and tags for clarity and better record-keeping. This is particularly useful for future reference.
View Live Gain/Loss: The interface will display live gain/loss amounts alongside the total units changed. This gives you an instant overview of the impact of the stock adjustment.
Save the Adjustment: Once you have verified all details and are confident that the adjustments are accurate, click on the "Save" button. This action will apply the changes to your inventory.
Review Adjustments: After saving, the stock adjustment will be listed, providing you with a record of the changes made. This listing is essential for ongoing inventory management and auditing.
Creating stock adjustments in FF Inventory is a critical step in ensuring that your inventory records accurately reflect your physical stock. Regularly performing stock adjustments helps in maintaining inventory accuracy, which is fundamental to efficient business operations, financial reporting, and customer satisfaction.