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Revised inventory

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1 comment

  • Hollie McCabe

    Hi hyojeonglee

    Thank you for your question!

    Using the re-open period function is a good option if changes need to be made to a recently closed period, you would only need to adjust the incorrect count, all other counts will remain. Just bear in mind any GL reports that may have been exported when making changes to a closed period.

    As we are closer to this period end than the previous, you will be best to correct the on-hand by entering the true quantity during this months count. Accepting the known variance to this period end, balancing out the previous.

    Alternatively, you can rectify this with an inventory adjustment. The article below will help you through this process.

    Adaco-Making an Inventory Adjustment

    All adjustments can be reviewed using the below report.

    Adaco-Inventory Adjustment Report

    Please let us know if you have any follow-up questions around this process.

    Many Thanks

    Hollie

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