If it is necessary to reset the stock value completely in terms of both quantities and value, and then update the new corrected stock value, you must first reset the stock value with one inventory entry and then mark the correct balances of the products with another inventory entry. This same instruction can also be used to correct the stock value if it is incorrect for some product. First, inventory the product to zero, check that the value is zero, and then re-inventory it with the correct quantity and purchase price.
Detailed instructions for making an inventory can be found in the following instructions: inventory
NOTE! Before making a new inventory, make sure that the products have the correct purchase price.
1. Inventory the stock to zero through the process basket
2. Check if there are products in stock whose balance is zero but have value. If such products are found, run the correction report to zero the stock value if necessary. Go to Products > Stock reports > Stock value correction report. More information about reports can be found in the Stock management reports instructions
- Stock value correction report: Bring to the report, based on search criteria, products whose stock quantity is zero but whose stock value deviates from zero. Through the extended search, you can change the day on which the correction transaction is recorded for this selected day. Additionally, on the page, you can select the desired products and automatically create a stock value correction transaction for them. The function creates a new stock transaction row that zeroes the deviation in stock value. A correction transaction is formed in stock transactions, the sum of which is the opposite of the separating sum. The action does not affect the average price.
Note! The stock value correction report uses the option "saved for transaction" as the purchase price. If you use the correction report, you can no longer use any other purchase price in stock management reports than "saved for transaction" for the respective product.
3. Inventory the products with the correct values and balances. This way, the correct average price will appear behind the product.
This transaction corrects the stock value for the day these specific actions are taken. The action does not affect retroactively, meaning previously recorded values remain on old transactions. Also, open sales and purchase transactions are not affected by the inventory entry, but the stock decreases/increases according to the delivery date of the sales transaction/purchase order.
Inventorying through the process basket cannot be done retroactively, and previous sales transactions cannot be linked to this inventory entry.
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