Stock Adjustment allows businesses to manually decrease stock quantities due to damage, shrinkage, or inventory corrections. It ensures that your inventory remains accurate and properly accounted for. 🚀📦
📌 What is Stock Adjustment? #
✅ Used to reduce stock levels for reasons like:
- Damaged goods 📉
- Stock shrinkage or theft 🔍
- Expired products ⏳
- Inventory corrections after stock audits 📊
✅ Helps track total stock loss and any recovered value (e.g., insurance claims, scrap sales).
✅ The Stock Adjustment amount is reflected in the Profit & Loss (P&L) Report.
📥 How to Create a Stock Adjustment in BillBook? #
✅ Go to → Stock Adjustment → Add Stock Adjustment
✅ Select the Business Location and Adjustment Date 📅
✅ Choose the Adjustment Type:
- Normal (e.g., leakage, minor losses).
- Abnormal (e.g., fire, accidents, major damage).
✅ Add the products and quantities to be deducted.
✅ Enter Total Amount Recovered (if applicable).
📌 Example:
- If you claim insurance or sell damaged stock as scrap, enter the recovered amount.
- If no value is recovered, enter $0.
✅ Click “Save” 💾
📌 The stock is now updated, and adjustments are reflected in reports!
📊 Viewing Stock Adjustment Reports #
✅ Go to → Reports → Stock Adjustment Report
✅ View adjusted quantities, recovered amounts, and reasons.
✅ Profit & Loss Report:
- Total Stock Adjustment is deducted from profit.
- Total Stock Recovered is added to profit.
📌 This ensures that stock adjustments impact your financial reports correctly!
👁️ Hiding Product Prices During Stock Adjustment #
Sometimes, warehouse workers need to adjust stock without seeing product prices. BillBook allows restricting price visibility during stock adjustment.
🛠️ How to Hide Prices for Certain Users #
✅ Step 1: Go to → User Management → Roles
✅ Step 2: Find the role (e.g., Warehouse Worker) and click Edit.
✅ Step 3: Under the Products Section, uncheck “View Purchase Price”.
✅ Step 4: Click “Save” 💾
📌 Now, users with this role can adjust stock but won’t see product prices!
🚀 Why Use Stock Adjustment in BillBook? #
✅ Keeps inventory accurate 📦
✅ Tracks lost stock & recovered value 💰
✅ Helps in financial reporting (P&L Reports) 📊
✅ Restricts price visibility for non-finance users 🔐
With BillBook’s Stock Adjustment feature, managing inventory losses and corrections is seamless! 🚀📉
Let me know if you need any refinements! 😊
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