What is inventory adjustment in SAP SBO - SAP Business One?

SAP Term: inventory adjustment

• Component: SBO

• Component Name: SAP Business One

• Description: Any upward or downward correction of item quantities resulting from goods issues, goods receipts, or other business transactions involving the transfer of goods.

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• Key Concepts: 
  Inventory adjustment is a feature of SAP Business One (SBO) that allows users to make changes to the quantity and value of inventory items. This feature is used to adjust the inventory balance when there is a discrepancy between the physical inventory and the system records. It can also be used to adjust the value of inventory items due to price changes or other factors.
  
  How to use it: 
  Inventory adjustments can be made in SBO by going to the Inventory Adjustment window in the Inventory module. Here, users can select the item they want to adjust, enter the new quantity and value, and save the changes. The system will then update the inventory balance accordingly.
  
  Tips & Tricks: 
  When making an inventory adjustment, it is important to ensure that all changes are accurately recorded in the system. This will help prevent discrepancies between physical inventory and system records in the future. Additionally, it is important to keep track of any price changes that may affect the value of inventory items.
  
  Related Information: 
  For more information on how to use inventory adjustments in SBO, please refer to SAP’s official documentation on the topic. Additionally, there are many online tutorials available that provide step-by-step instructions on how to make an inventory adjustment in SBO.