Stock Adjustments

MRI Evolution has functionality for three types of Stock Adjustments:

  • Stock levels can be manually adjusted

  • Stock can be moved from one Stock Location to another

  • Stock prices can be manually adjusted, depending on the FIFO model not being enabled

If the Purchase Order module is not being used, Stock will need to be manually adjusted when a delivery comes in.

Modules > Stores > Stock Adjustments

The link will open the Stock Adjustments grid. It is a grid view which can be searched, sorted and customised as normal.

Stock Moves, Stock Adjustments and Price Adjustments can be viewed from this grid.

Stock Adjustment - Move

To add a new Stock Adjustment for Move click Select Stock . A pop up window will appear which will allow the creation or amendment of a Stock Adjustment - Move.

ClosedClick to view - Stock Adjustments - Move Fields and Descriptions

Complete the fields and click Save and Close .

Stock Adjustment - Quantity

To add a new Stock Adjustment for Quantity click Select Stock . A pop up window will appear which will allow the creation or amendment of a Stock Adjustment - Quantity.

ClosedClick to view - Stock Adjustments- Quantity Header Fields and Descriptions

Complete the fields and click Save . Once the Stock Adjustment header has been completed and saved, Stock can be added to adjust.

To adjust Stock click Assign a Stock item to Adjust . A pop up window will appear which will allow the creation of a Stock Adjustment.

ClosedClick to view - Stock Adjustments- Quantity Fields and Descriptions

Complete the fields and click Save and Close .

Stock Adjustment - Price

If the FIFO model is being used then price cannot be adjusted against the Stock Item, the price has to be adjusted via a Stock Adjustment. When new Stock is ordered the new price will be used and a new batch of Stock will be created when the goods are received.

To add a new Stock Adjustment for Price click New Price Adjustment . A pop up window will appear which will allow the creation or amendment of a Stock Adjustment - Price.

ClosedClick to view - Stock Adjustments- Price Header Fields and Descriptions

Complete the fields and click Save . Once the Stock Adjustment header has been completed and saved, Stock can be added to adjust.

To adjust Stock click Assign a Stock item to Adjust . A pop up window will appear which will allow the creation of a Stock Adjustment.

ClosedClick to view - Stock Adjustments- Price Fields and Descriptions

Note: Once the Stock Adjustment for price has been completed ,the FIFO model will create a new batch of Stock with the new price when parts are ordered. Any Stock in older batches are issued first.