Inventory Adjustment Report

The inventory adjustment report is used to reconcile the physical inventory with the recorded inventory levels in their inventory management software.

This report is typically comprised of the following columns:

• Warehouse: The warehouse where the product is present

• Storage Location: The specific storage location within the warehouse where the product is stored.

• Storage Bin: The bin to which the product belongs.

• Count date: The date on which stock count is done

• Product Category: The category to which the product belongs

• SKU: The stock-keeping unit of the product

• Product: Name of the product

• UOM: Unit of measure of the product

• Count Type: The type can be cyclic or full count

• Stock Qty: Recorded quantity in the software prior to conducting the physical stock count.

• Count Qty: Actual stock of the product

• Variance: The difference between stock quantity and count quantity

Filtering the inventory stock count report based on a selected date range, businesses can obtain valuable information regarding their inventory at different levels, including warehouses, product categories, and individual products.

It also provides detailed information on the quantity of each product present in the warehouse at the time of the stock count and recorded stock, which helps businesses keep track of their inventory levels and ensure accuracy in their inventory records.