Fastbase

A stock adjustment is used to adjust the stock on hand quantity up or down. Stock adjustments can also be used to re-value stock (write-up or write-down).
Before entering transactions refer to General Transaction Notes.

Account:
Enter the General Ledger account for stock adjustments, usually general stock adjustment or write-down account. See Utilities - Transaction Definitions for details about setting the default GL account.

Branch:
Select the branch where the stock is being adjusted in or out.

Date:
This is the date the items are adjusted. A date cannot be entered prior to the current inventory period end date (see Inventory Period End).

Narration:
The narration can be viewed on screen enquiries and some reports.

Line Items