Adjust stock levels in the warehouse (basic warehousing)

This procedure walks you through the process of creating and posting an inventory adjustment journal in order to adjust stock levels of products in the warehouse. You need to have an inventory journal name set up for inventory adjustments before you start this. You can walk through this procedure in demo data company USMF, or using your own data. These tasks would normally be carried out by a warehouse employee.

Create an inventory adjustment journal

1. Go to Inventory management > Journal entries > Items > Inventory adjustment.
2. Select New.
3. In the Name field, select the drop-down button to open the lookup.
4. In the list, select on the inventory adjustment journal name you want to use. Some other fields are populated based on the setup of the inventory adjustment journal name you select.
5. Select OK.

Create journal lines

1. Select New.
2. In the list, mark the item number field.
3. In the Item number field, select an item. If you're using demo data company USMF, type D0001.
4. In the Site field, select the drop-down button to open the lookup.
5. In the list, select a site.
6. In the Warehouse field, select the drop-down button to open the lookup.
7. In the list, select a warehouse. If you selected an item with location as a mandatory dimension, you must specify the location here.
8. In the Quantity field, enter a number. The cost price field specifies the cost per unit for inventory receipts. If the cost isn't specified for the item number or if you wanted to change it manually, you would do this here.

Validate and post the inventory adjustment journal

1. Select Validate.
2. Select OK.
3. Select Post. When you post this kind of journal, an inventory receipt or issue is posted, the inventory level and value are changed, and ledger transactions are generated.
4. Select OK.
5. Close the form.
6. Close the page.