Keep in mind that only adjustments should be entered in the Quantity column field; in other words, enter the quantity by which your stock has changed, not the actual quantity of your stock. For example, if your actual quantity is 100 items, but your MYOB Accounting Plus records show that your quantity is 125 items, enter a quantity of -25 in the Quantity column.
The entry you make in the Account field of the Adjust Stock window depends on the type of adjustment you're making. Here are a few typical situations; choose the option that most closely matches your situation:
Warning: Be very careful choosing the account to enter in the Account column!
If you choose Option A, B or C in the list below, keep in mind that the item's stock asset account's value will change when you record this transaction. This is probably the most common entry to make in this type of stock adjustment. |
Option B: If you didn't record an item invoice when you sold the item
Option C: If you didn't record an item purchase order when you purchased the item
Option D: If you're fixing an error you made when you entered your original item count when you set up Accounting Plus
Click below for the step-by-step procedure:
Enter the details of the stock adjustment
Choose what you want to do with the transaction