Stock Adjustment – An overview

Introduction

Stock corrections is an ongoing process in a company. This happens when differences creep in between physical and system stock. The difference may be positive or negative i.e physical qty can be more than the system qty or less than the system qty. All discrepancies which have been identified as a result of PI or CC  also  gets corrected in this component.

Feature Highlights

Positive, negative and zero qty adjustments can be made. Standard cost adjustment for items of costing method “Std Cost” can be done. Value adjustments can also be done.

List of Activities

Go to Activity…

For…

Create & Authorize Adjustment

Creating Adjustment

Edit Adjustment

Modifying Adjustment

View Adjustment

Viewing Adjustment

Authorize Adjustment

Authorizing Adjustment

Create Std Cost Revaluation

Creating Std Cost Revaluation

Edit Std Cost Revaluation

Modifying Std Cost Revaluation

View Std Cost Revaluation

Viewing Std Cost Revaluation

Authorize Std Cost Revaluation

Authorizing  Std Cost Revaluation