Entering information in the Adjust Stock window

Adjust Stock Overview > Entering information in the Adjust Stock window

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.

If you choose Option D, however, the stock asset account's value will not change. In most cases, you will want the value of the stock asset account to change, so be very sure you want the account's value to remain the same before you enter that account in the Account column.

Option A: If the items were lost or stolen

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:

Identify the stock adjustment

Enter the details of the stock adjustment

Choose what you want to do with the transaction