Adjusting stock
Adjust Stock Overview > Adjusting Stock
Step 1: Identify the stock adjustment
Step 2: Enter the details of the stock adjustment
Step 3: Choose what you want to do with the transaction
When adjusting stock, you should determine the type of stock adjustment you need:
- If an item's actual stock quantity is lower than your MYOB Accounting Plus records indicate due to unexplained loss or theft, you should enter a typical stock adjustment. For instructions about this situation, start with Identify the stock adjustment.
- If an item's actual stock quantity is lower than your Accounting Plus records indicate because you've conducted sales without entering Accounting Plus item invoices, you should enter a typical stock adjustment. For instructions about this situation, start with Identify the stock adjustment.
- If an item's actual stock quantity is higher than your Accounting Plus records indicate because you've made purchases without entering Accounting Plus item purchase orders, you should enter a typical stock adjustment. For instructions about this situation, start with Identify the stock adjustment.
- If the actual stock quantities of many of your items are different than your Accounting Plus records indicate, you can use the Count Stock window, which will help you quickly update the quantities of many items at once. For instructions about using the Count Stock window, see Counting stock items.
- If an item's actual stock quantity is different than your Accounting Plus records indicate, but the value of your main stock asset account is correct in Accounting Plus, you should enter a stock adjustment that changes the item's quantity and unit cost in Accounting Plus. For instructions about this situation, see Adjusting item quantities and unit costs.
- If an item's actual stock quantity matches your Accounting Plus records but the value of your main stock asset account and the item's total value are incorrect, you should enter a stock adjustment that changes the balance of the stock asset account, the item's total value and unit cost. For instructions about this situation, see Adjusting item total values and unit costs.
- If an item's actual stock quantity matches your Accounting Plus records and the value of your main stock asset account is correct in Accounting Plus, but the unit cost of an item is incorrect, you should enter a stock adjustment that changes the item's total value and unit cost. For instructions about this situation, see Adjusting item total values and unit costs.
Click below for the step-by-step procedure:
Identify the stock adjustment