Physical Counts & Inventory Adjustments

Inventory Counts

Go to Inventory > Operations > Inventory Adjustments.

Creating an Inventory Count

1. Click Create.
2. Location - Select the area to count.
3. Inventory Date - When the count happens.
4. Click Start Inventory - This locks the stock and pre-fills current quantities.
5. Product lines appear with their current quantity.
6. Enter the actual counted quantity in the Counted Quantity column.
7. Leave Scrapped Quantity if some units are damaged.
8. Click Apply All to post the adjustment.

Cyclic Counts

For ongoing cycle counting, enable in Settings → "Cycle Counting". Create a count per product or location on a regular schedule. Quickenerp groups all cycle counts for review & validation.

ABC Analysis

Categorize products by value:

• A - High-value, count more frequently (e.g. monthly).
• B - Mid-value, count quarterly.
• C - Low-value, count annually.

Set ABC category on the product form to automate cycle count frequency.

Inventory Adjustment Reporting

After applying an adjustment, the difference is recorded:

• Positive variance - Stock increases, value is added.
• Negative variance - Stock decreases, value is removed (inventory loss).

Go to Inventory > Reporting > Inventory Analysis to see adjustment history.