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INVENTORY ADJUSTMENTS

Inventory Adjustments are crucial for maintaining accurate inventory records. These adjustments account for discrepancies between the recorded inventory and the actual stock on hand. Reasons for these discrepancies can include theft, loss, damage, errors in counting, or unrecorded sales. By making these adjustments, businesses ensure that their inventory levels reflect reality, which is essential for effective inventory management.

• Positive Adjustment - Adding of Inventory Quantity Positive Adjustment
• Negative Adjustment - Deduction of Inventory Quantity Negative Adjustment