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

ThisClick formAdd showsto thecreate detailsa of the stocknew value adjustment

Date – The date will pre-populate to entercurrent thedate. 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 arrowif 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

Close button – closes the form 

ThisClick formAdd isin usedthe centre of the window to createbegin stockadding value adjustment linesitems

Item Code – to select an item code andyou aswish soonto as it’s selected, it showsadjust the descriptionprice andof.

the

Description old- value.Will auto populate once code is selected

New Value – to enterEnter the oldnew valueor correct unit cost price

Reason – Enter reason for changing the valueprice

Save And New button – savesto andselect openanother item you wish to change the newprice form with the fields emptyoff

Save And Close button – savesSaves and closes the form

Close button – closes the form

Process Button

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.