Stock Value Adjustment

Stock Value Adjustment capture 

 The stock Value Adjustment function is used to amend the current cost price of an item. 

 Inventory Module> Activity> Stock Value Adjustment 

 

 

 Click Add to create a new value adjustment 

 Date – The date will pre-populate to current date. Since stock entries are live, one cannot back date or forward date adjustments 

 Description – to enter brief description for stock value adjustment 

 Reference – to enter the reference for stock value adjustment 

 Division – to select the division from the drop down if applicable 

 Long Description – to enter detailed description for stock value adjustment 

 Religion – to select – to select religion from the drop down arrow if applicable 

 Save button – saves the details added 

 

 Click Add in the centre of the window to begin adding items 

 Item Code – select an item code you wish to adjust the price of. 

 Description - Will auto populate once code is selected 

 New Value – Enter the new or correct unit cost price 

 Reason – Enter reason for changing the price 

 Save And New button – to select another item you wish to change the price off 

 Save And Close button – Saves and closes the form 

 

 Select the stock Value you created and Click on Process 

 

 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.