Reconcile a stock

Reconciling stock helps you compare and adjust inventory records to ensure they match the actual physical count. It ensures and verifies that the quantities recorded in the system align with what is physically on hand, correcting any discrepancies to maintain accurate inventory records.

1. In the upper-left corner of the screen, select Access your applications (). The menu expands.

2. Select Inventory () > Stock Console. The Stock Console screen appears.

3. On the left, select an item row from one of the tabs: Consumable or Perishable.

   Note: You cannot reconcile Reusable items.

4. On the right side of the screen, select the Stock Details tab.

5. Find the row of the supplier for which to reconcile stock.
   

Note: If there are multiple suppliers, click the section heading to expand the list and view the listed stock for the supplier.

6. Expand the supplier name row and click the supplier row. The Stock Overview pane opens.

7. Select Reconcile Stock. The Adjust Stocks dialog box appears.

8. Select either Quantity Reconciliation or Price Reconciliation as required.

9. In the Actual Quantity in Hand field, enter the actual quantity of the stock.

10. In the Quantity Available field, enter the available quantity of the stock.

11. In the Quantity Adjusted By field, enter the adjusted quantity of the stock.

12. Select the Reason from the drop-down list.

13. Enter the Description for the reconciliation as required.

14. Click Submit.
    The dialog box closed, and return to the screen with new entry.