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Create a stock adjustment in QuickBooks Commerce

SOLVEDby QuickBooksQuickBooks Online6Updated 2 weeks ago

Learn how to create a stock adjustment in QuickBooks Commerce.

QuickBooks Commerce is no longer available for purchase as a stand-alone product.
The features referred to in this article are only relevant for customers who still have QuickBooks Commerce bundled with their QuickBooks Online subscription.
If you want to learn more about e-commerce accounting features that are part of QuickBooks Online, check out Accounting for e-commerce FAQ.

If you need to update a product’s price or stock quantity in your inventory, you can create stock adjustments. This also updates your Moving Average Cost (MAC), stock on hand, and Cost of Goods Sold (COGS). Here’s how to create a stock adjustment. 

Tip: Not sure if you need to use stock adjustment or stocktake? Don’t worry, we’ll help you understand the difference between the two.

Create a stock adjustment

  1. Go to Stock Control.
  2. Select Stock Adjustments.
  3. From the Create New ▼ dropdown menu, select New Stock Adjustment.
  4. Fill out the Location and Reason fields accordingly.
  5. Enter the item/s you want to make adjustments to.
  6. Enter the quantity you want to add or reduce in the QTY CHANGE field.
    Note: If you reduce your stock, QuickBooks Commerce will use the product’s MAC as the cost per item. This is to make sure the calculation is accurate for stock on hand and COGS.
  7. Add a note if you want to, then select Create.

Once you’re done, you can check the stock report to see if everything is accurate.

Void a stock adjustment

If your stock levels aren’t accurate, don’t worry. You can void stock adjustments to revert all associated stock quantities to their previous levels. Here’s how. 

  1. Go to Stock Control.
  2. Select Stock Adjustments.
  3. Select the stock adjustment you want to revert.
  4. Select Void.
  5. Select Yes, void Stock Adjustment.

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