Cost Adjustment
Updated
Cost adjustment changes product cost records. Use this only when cost needs correction or update, because it affects inventory cost statistics.
1. Go to Inventory > Adjust Cost.
2. Click Add New.
3. Enter cost adjustment information.
4. Click Confirm.
5. Review the adjustment.
6. Click Approved or Approval Rejected.
7. Check the result in Inventory Statistics.
Review the effect of a cost adjustment
1. Select the warehouse and product whose cost needs adjustment.
2. Enter the new unit cost and click Confirm to create a pending adjustment.
3. Review the record before selecting Approved or Approval Rejected.
4. After approval, check the changed average cost in the Inventory Summary report.