Inventory Adjustments

Introduction

Inventory adjustments record changes to inventory quantity on hand for Stock Items.

There are seven types of inventory adjustment transactions.

Adjustment Type	Description	Notes
Gain	Records increases to On Hand Qty, such as items found during a physical inventory or cycle count.
Shrink	Records decreases to On Hand Qty, such as items not found during a physical inventory or cycle count.
Issue	Assigns an inventory item to a particular Work Order and reduces the On Hand Qty.
Order	Adds to the On Order Qty when adding a Purchase Order for the item.	Automatically generated during Purchase Order processing.
Receipt	Reduces On Order Qty and increases On Hand Qty when receiving an item from a Purchase Order.	Automatically generated during Purchase Order receipt.
Transfer In	Increases On Hand Qty by receiving items on a Transfer request coming in from another Warehouse.	Automatically generated during Transfer request processing.
Transfer Out	Reduces On Hand Qty by issuing items to a Transfer request going out to another Warehouse.	Automatically generated during Transfer request processing.

Adjustment Type

Description

Notes

Gain

Records increases to On Hand Qty, such as items found during a physical inventory or cycle count.

Shrink

Records decreases to On Hand Qty, such as items not found during a physical inventory or cycle count.

Issue

Assigns an inventory item to a particular Work Order and reduces the On Hand Qty.

Order

Adds to the On Order Qty when adding a Purchase Order for the item.

Automatically generated during Purchase Order processing.

Receipt

Reduces On Order Qty and increases On Hand Qty when receiving an item from a Purchase Order.

Automatically generated during Purchase Order receipt.

Transfer In

Increases On Hand Qty by receiving items on a Transfer request coming in from another Warehouse.

Automatically generated during Transfer request processing.

Transfer Out

Reduces On Hand Qty by issuing items to a Transfer request going out to another Warehouse.

Automatically generated during Transfer request processing.

Only Gain, Shrink, and Issue adjustments should be manually entered.

Other inventory adjustment transactions are automatically created by FX EAM.

Inventory adjustments can be created directly in the Inventory Transaction tab or from a Stock Item record.

FieldFX recommends entering adjustments from the Stock Item record.

Go to the Stock Item record’s Related tab.
Select the Transaction Type.
Enter the Transaction Qty.

For Issue type transactions, enter a negative quantity to return items to stock from a Work Order.
Select the Bin Location affected by the transaction.

If left blank, the transaction affects the Stock Item’s Primary bin location.
For Issue type transactions, select the Work Order.
Click Save.