Adjustments
This section allows the user to adjust the quantities in the existing buckets. You may want to do this in the case where there are items which need to be added to one of these quantity counts below. This action can only be completed by Admin users.
Some situations which you would need to adjust an inventory bucket could be:
a. Returns and Damages: Items may be returned by customers or found to be damaged during quality checks. Staff will adjust the bucket's quantity to account for the returned items or remove damaged items from the inventory.
b. Theft or Loss: In unfortunate cases of theft or unaccounted losses, the missing items must be adjusted to reflect the actual quantity on hand.
c. Cycle Counts: During routine cycle counts (smaller, more frequent inventory checks), discrepancies may be discovered, and adjustments are made to maintain inventory accuracy.
d. Inventory Discrepancies: When conducting regular inventory counts, staff may discover that the actual quantity of items in a bucket does not match the recorded quantity. In this case, an adjustment is made to correct the discrepancy
How can I Adjust Quantities?
First: Choose the bucket you would like to adjust.
Second: Set the adjustment type. This could be Addition or Remove.
Third: Select an Adjustment Category (if applicable). The item could be categorized as Damaged, Fire, Flooding, Return, Theft.
Fourth: Write in numbers the quantity of items you will be adding or removing.
Fifth: Add a landed cost if necessary.
Finally, there will be two last field that you will need to fill in which are the Primary, Secondary and Tertiary location for the item.
Notes
1.If your firm uses Entry or Basic DIS, then you will only see one level location in the screen above.
Adjusting On Order and Allocated buckets
1. Fill in all the information about the adjustment you would like to make.
2. On Order adjustments need information about the Project, item and the purchase order to complete the adjustment.
