How to: Make Negative Adjustments to Inventory Value

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Sometimes, you must make a negative adjustment to the value, but not the quantity, of one or more items.

To make negative adjustments to inventory value

  1. In the Search box, enter Item Journal, and then choose the related link.

  2. Fill in the first journal line by decreasing the quantity on inventory with a negative adjustment. Use a unit cost that corresponds to the actual posted cost.

  3. Make a positive adjustment of the same quantity, setting the unit cost at the new, correct value.

Note

You can find the actual cost on a ledger entry list for an item. If you set the filter Open = Yes, only the entries that are used to calculate the inventory value are shown. You can also see the cost in the Inventory Valuation report.

See Also

Tasks

How to: Enter New Values When Revaluing Items

Other Resources

Revaluation Journal
How to: Close Open Item Ledger Entries Resulting from Fixed Application in the Item Journal