# Stock Value Adjustment

#### Stock Value Adjustment capture

<span class="ts15"><span class="ts0">The stock Value Adjustment function is used to amend the current cost price of an item.</span></span>

**<span class="ts15" style="color: rgb(45, 194, 107);"><span class="ts0">Inventory Module&gt; Activity&gt; Stock Value Adjustment</span></span>**

[![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/scaled-1680-/xt1image.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/xt1image.png)

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3279).png)

<span class="ts0">Click Add to create a new value adjustment</span>

<span class="ts0">Date – The date will pre-populate to current date. Since stock entries are live, one cannot back date or forward date adjustments</span>

<span class="ts0">Description – to enter brief description for stock value adjustment</span>

<span class="ts0">Reference – to enter the reference for stock value adjustment</span>

<span class="ts0">Division – to select the division from the drop down if applicable</span>

<span class="ts0">Long Description – to enter detailed description for stock value adjustment</span>

<span class="ts0">Religion – to select – to select religion from the drop down arrow if applicable</span>

<span class="ts0">Save button – saves the details added</span>

[![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/scaled-1680-/lB4image.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/lB4image.png)

<span class="ts0">Click Add in the centre of the window to begin adding items</span>

<span class="ts0">Item Code – select an item code you wish to adjust the price of.</span>

<span class="ts0">Description - Will auto populate once code is selected</span>

<span class="ts0">New Value – Enter the new or correct unit cost price</span>

<span class="ts0">Reason – Enter reason for changing the price</span>

<span class="ts0">Save And New button – to select another item you wish to change the price off</span>

<span class="ts0">Save And Close button – Saves and closes the form</span>

[![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/scaled-1680-/FhOimage.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/FhOimage.png)

<span class="ts0">Select the stock Value you created and Click on Process</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3281).png)

Once the adjustment has been successfully processed, you will note the unit cost price of the item has changed to the new price you entered.

This new cost price will now be used on all new documents created going forward.

[![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/scaled-1680-/9adimage.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2024-06/9adimage.png)

<span class="ts0"> </span>

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