4122 views Overview
The Stock Adjustment module helps you reconcile your physical stock with the stock recorded in Munim by recording quantity differences, wastage, or consumption.
Benefits
- Match physical stock with system stock.
- Record positive or negative stock variations.
- Track stock adjustments as Adjusted, Wastage, or Consumed.
Steps to Create Stock Adjustment
Step 1: Open Stock Adjustment
- Click + Adjust Stock or press Alt + N.
- Go to Inventory → Stock Adjustment from the left sidebar.
+−⟲
Stock adjustment methods:
- Adjust Quantity: This module supports both positive and negative quantity adjustments to account for discrepancies between physical and system records. If the physical stock exceeds the computer stock, the variation is recorded as a positive value. Conversely, if the physical stock is less than the computer stock, the variation is recorded as a negative value.
- Wastage Quantity: For Wastage Quantity, negative values are accepted. If the physical stock is less than the computer stock, the variation quantity should be entered here as wastage.
- Consume Quantity: The Consume Quantity accepts negative values; if the physical stock is less than the computer stock, the variation quantity should be entered here as the consumption amount.
Stock Adjustment rules:
- Computer Stock refers to the inventory levels currently recorded within the Munim system,
- while Physical Stock represents the actual quantity verified on-site.
- Variation is defined as the difference between the Computer Stock and the Physical Stock.
- To reconcile these records, you may input this variation quantity into the Adjust Qty, Wastage Qty, or Consume Qty fields to finalise the stock adjustment process.
+−⟲
| Field | Description |
|---|---|
| Doc Date | This field number is auto-generated. |
| Entry Date | Here you can select Stock Adjustment date |
| Location selection | Select the specific location where you would like to perform the stock adjustment. |
| Search Item | Here you can search any Item from your inventory |
| Item name/Unit | Here you can see Item name and its Unit |
| Computer Stock | Here you can see the current stock you have in the software. |
| Physical stock | Here you can add the actual physical stock you have on your side |
| Variation | Here you can check variation in stock after adding Physical stock. Computer stock-Physical Stock=Variation |
| Adj. Qty. | Here you can add amount that you want to adjust. Variation amount should be same as the Adjusted Quantity amount. |
| Wastage/ Consume Qty | Here you can add details as per your requirement whether you want to show adjusted Quantity as wastage or as Consumed. |
Important Notes
- Computer Stock represents the quantity available in Munim. Physical Stock represents the quantity actually available.
- Variation shows the difference between computer stock and physical stock.
- Positive or negative adjustments can be recorded depending on the stock difference.
- Use Wastage Qty for items that are wasted or damaged. Use Consume Qty when stock is consumed.
- Ensure the correct Location and Entry Date are selected before saving.
- Review the adjustment quantity carefully before saving, as it will affect your stock records.
Need Assistance?
If you need help with Stock Adjustment or stock quantity differences, contact the Munim Support Team.
