You can adjust current balances based on a physical count.
This transaction is for the selected item in a selected storeroom
only. By default, the storeroom that is identified in the Inventory tab.
About this task
The system includes issues, returns, transfers, and receipts
after the physical count to calculate the new balance.
Procedure
- From the List tab of the Inventory
application, display the item you want.
- Click the Inventory tab.
- Select the Reconcile Balances action.
- Click Select Value to choose the
control account and the shrinkage general ledger account.
- Click OK. A reconcile adjustment
transaction for the adjustment is generated. The Quantity field
in the transaction record reflects the change to the current balance
after the adjustment is made.