Positive Stock adjustment entries showing negative in values

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Posted on by Irfan Razak

Initially after taking the physical count of the stock item, we found that the system count is more than the physical count. So I have posted a negative stock adjustment entry. Later we realized that the stock was correct in the system, and I dont have option to reverse the negative adjustment posted earlier.

So I decided to post a counter adjustment (Positive stock adjustment) with the same quanity and value. but this positive adjustment entry is having negative values after posting, which makes my inventory adjustment account showing incorrect figures.

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MahGah 15,529 on at

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Hi

Just a quick question

What is the unit cost (under Cost & Posting) in Item Card?

Do you remember what was the unit cost in Item Journal when you wanted to post Positive Adjustment?

Thanks

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Community Member on at

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Irfan,

If you can answer MahGah's question then we can offer up more solutions. We need to see the Item Register Item Ledger Entries and Value Entries. The Unit Cost seems to reflect a negative value was used. You can fix this by:

1. Create a Negative Adjustment, Apply to the ILE line with error. Make sure the Unit Cost shows negative. Post so the entry is reversed.

2. Create the Positive Adj shows the correct Qty. and a Positive Unit Cost.

Thanks,

Steve

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Irfan Razak 15 on at

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Yes its correct, A negative stock adjustment with a negative unit cost solved the issue. Thanks a lot for the guidance.

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