How to manage Inventory Adjustment?

 

Adjusting Inventory with AntMyERP

AntMyERP makes inventory adjustments simple and accurate ensuring that your physical stock count always matches the system records. This feature is especially useful after conducting a physical audit where problems between recorded and actual quantities are found.

For instance, if your system shows 100 laptops but after a physical check only 95 are present then it means 5 laptops are either lost, damaged or missing. To correct this first go to Inventory on the left hand menu and click on Inventory Adjustment.

The Inventory Adjustment Index view appears, showing details of how many products have been added or reduced. “Add” entries appear when a defective part is repaired and made functional again it automatically reflects in the Inventory Adjustment Report with the corresponding serial number.

To reduce items, such as in the laptop example, click the plus icon on the right side. A form will open. Select the product, enter the model number and choose the serial numbers that need to be reduced. The amount value will appear automatically. If more products need adjustment, click the plus icon again to add them.

Once the entry is saved, the selected serial numbers are deducted from stock. This ensures that the physical audit and system data match accurately.

You can also view how much stock has been added or reduced in the Inventory Adjustment Report, which can be downloaded in Excel for record-keeping or analysis.

With AntMyERP, managing and adjusting inventory is transparent, efficient, and perfectly aligned with real-time stock data.