Overview:

To reconcile discrepancies between your physical stock and recorded balances in Zumzum Financials, you may need to create an outbound stock movement to adjust and reduce your stock levels. This process ensures that your stock balances accurately reflect physical inventory. Begin by navigating to the Stock Balances tab and selecting the product and location you wish to adjust. In the Related list, find the Outbound Stock Movement section and click New to initiate a stock adjustment. Enter the date of the movement, and include a serial number if applicable. Input the quantity of stock to be adjusted and the unit cost. Specify the type of stock movement, then click Save to update and record the adjusted stock balance.

Create An Outbound Stock Movement To Reduce Stock Balances For A Stock Adjustment.

There will be instances where your physical stock is less than that recorded in Zumzum Financials so you will wish to reduce the stock balance to reconcile your stock balances with your stock take process.

Follow these steps to record a Stock Adjustment to reduce the stock balance

1. Go to the Stock Balance tab.
2. Select the record for the Product and Location  you wish to adjust. Outbound Stock.
3. Go to the Related list to find the Outbound Stock Movement related list.
4. Click New to create a new Outbound Stock Movement.
5. Enter the date in the Movement Date.
6. You can enter a Serial Number for the stock if necessary.
7. Enter the Quantity of stock for your adjustment.
8. Enter the price of a single unit in the Unit Cost.
9. Finally, choose what Type of stock movement it is.
10. Click Save to record your changes.

By following these steps, you will effectively align your recorded stock levels with your physical inventory, ensuring accurate financial and inventory management. Regular adjustments are crucial for maintaining reliable stock records and preventing discrepancies. For additional guidance on managing stock adjustments and optimizing inventory processes, explore the comprehensive resources available in Zumzum Financials.