Stock Cost Adjustment

This options should only be used by experienced users as it allows you to adjust the landed values of stock within the system.

Every time stock arrives on the system we create a stock record for the new entry, this has values associated with it, so if it was coming from your suppliers there is a product cost, freight, and insurance or if you are transferring in bond there is only a product cost but this includes all the previous costs for the product within that single cost.

You can change these figures

In order to do this, you need to know and enter the following information

  • Warehouse group

  • Warehouse

  • Product Code

All available rotations are then shown underneath and you can edit the prices by entering the new value in the white box and save

Changes in here are instant and will apply to ALL new transactions after the change has been made.

We also store IBV value for reserves, this is not changed using this feature, that value comes from the value you SOLD the goods to the reserving customer for and the amount which they will pay the VAT element on in a duty and vat invoice.

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