Once in a while, you may experience discrepancies between the actual quantity of items you have in stock and your MYOB Accounting Plus records of those quantities. When such a situation exists for many items, it can take a great deal of time to enter individual stock adjustments for each discrepancy.
Fortunately, however, the Count Stock window will speed the process of updating the quantities of many items for you. By using this window, you can quickly create one stock adjustment for all the items whose quantities you need to change.
Each stock adjustment you make must be allocated to a specific account so your accounting records accurately reflect the reasons why your stock needed adjusting. For example, many businesses use one account -- often called "Shrinkage" -- to track natural loss or theft of their items.
Warning: If you're setting up an item or many items at this time
If you're setting up an item at this time, the procedure for recording your items' initial quantities and values in Accounting Plus is slightly different than what is described in this procedure. See Enter the item's opening quantity and value for more information. |