Inventory Adjustments in Barnet Portal

ADJUSTMENTS IN BARNET

There are several ways to adjust your inventory.

1. Closing Count: Posting a Closing Count of even a single item is a great way to correct your inventory. Barnet has training documentation on Posting and Editing Inventory Counts. It makes sense to make corrections this way when you are unsure why there is a variance. When you post a closing count, you will see record of both the number you had On Hand, on a given date and the correction you are making up or down, in Product Activity. It is very valuable to know the On Hand count on a given day when tracking inventory movement. In the example below it shows that on Feb 2 the store had 29 units on hand which was 2 Short.

1. Inventory Quick Adjustments can be made on individual SKUs in <Product Maintenance>. This is a quick way to change On Hand of a SKU. In Product Maintenance, click on a SKU to select it, you do not have to open the SKU so you can just click anywhere on the SKU’s row then click “Adjustment” at the top middle of the screen. You can enter an adjustment about + or – or a current physical count total. If you add a note it will show in Reports>Inventory>Adjustments by day Report

1. Adjustment Vendors and Receiving - Style Adjustments

Another way to manage adjustments is to create Adjustment Vendors. Some examples are Breakage, Theft, Promo, Manager Promo, Donation, Misc. Using Adjustment Vendors instead of the quick adjust in <Product Maintenance> is a way to assign a reason to all adjustments. Some Adjustment Vendors like ADJINV or ADJ8 or REPACKING might auto generate in the system for certain types of activities, and you can use these for manually created adjustments too.

For Adjustment Vendors to show on the Portal Adjustment Report you must select “Use for adjustment report” in Vendor Maintenance. You can organize your Vendors by Group and/or by Type.

To adjust products, choose the appropriate Adjustment Vendor and enter any SKU adjustments that are needed for that reason. For example, you can enter all the breakage from a week on one adjustment by choosing the ‘BREAKAGE’ Vendor. The Adjustments are entered like invoices, and you enter positive or negative adjustments to either add or subtract On Hand.

These Vendor/Receiving Style Adjustments will show in the Receiving Grid.