Adjust Inventory Window

Adjust Inventory provides a simple way to adjust the values in your inventory account to reflect current inventory values. You can use this window to:

Adjust inventory levels after taking a physical inventory count to reflect what you actually have on hand.
Remove an item from inventory that didn’t involve a sale, such as an inventory transfer from one location to another.
“Build” an inventory item from existing inventory items. This is handy if you do some light manufacturing or bundling of inventory. For more information, see “Building Inventory.”

Adjust Inventory Field Descriptions

Reuse

When you click this instead of Modify, you can select a previous entry to “Reuse” without changing or deleting the original entry. For more information, see “Reusing Adjust Inventory Transactions.”

Inventory Account

The default account assigned to Inventory on Interface Accounts is shown.

The account shown for Inventory cannot be changed here.

Adjust Account

This account will be increased (debited) or decreased (credited) when

you save the transaction. If no account appears here or to change the account, click just to the right of the Adjust Account label and select an account (usually in the 5000 range) in the pop-up list that appears.

Ref #

Since MultiLedger uses the General Journal to post an Adjust Inventory transaction to the general ledger, the same reference number system is used in both windows.

Description

Enter a description for the transaction up to 25 characters long. The description entered here appears in Transaction Journal reports and in General Ledger reports.