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Inventory

Inventory Adjustment

Use Inventory Adjustment to correct stock counts when the physical quantity in your warehouse doesn't match the quantity recorded in ABSS — after a physical audit, goods damage, or system migration. Every adjustment is logged with a reason code for your audit trail.

Create an adjustment

  1. 1

    Go to Inventory → Inventory Adjustment → New Adjustment.

  2. 2

    Select the Warehouse where the adjustment is being made.

  3. 3

    Enter the Adjustment Date — defaults to today.

  4. 4

    Add line items: select the item, enter the Adjusted Quantity (positive to increase stock, negative to decrease).

  5. 5

    Select the Reason Code for each line item (physical count, damage, opening stock, etc.).

  6. 6

    Add a note in the Remarks field to describe the adjustment for your records.

  7. 7

    Save and Confirm — stock counts update immediately in the View Inventory screen.

Common adjustment reasons

Physical count variance

Stock in ABSS doesn't match the physical count after a warehouse audit.

Damaged goods write-off

Items damaged in storage or transit that can no longer be sold.

Opening stock entry

Setting up initial stock when migrating from another system to ABSS.

Sample / internal use

Stock consumed internally (R&D samples, office use) not via a sales invoice.

Theft or shrinkage

Unexplained stock loss identified during an audit.

Production waste

Raw material consumed during production beyond the standard BoM quantity.

Adjustments affect inventory valuation

Each adjustment posts an accounting entry to the Inventory Variance account in your Chart of Accounts. A decrease in stock creates a debit to Inventory Variance (an expense). Ensure your CA reviews large adjustments as they affect the P&L.