Inventory Write-offs

The Inventory Write-Offs tab helps you recognize and document inventory losses due to damage, misplacement, or theft. This feature enables you to precisely manage inventory discrepancies that occur beyond normal business activities.

Creating a New Inventory Write-Off

To create a new inventory write-off:

1. Navigate to the Inventory Write-Offs tab.

2. Click the New Inventory Write-Off button.

   Inventory Write-offsNew Write-off

3. Enter the necessary details for the write-off, including date, reference number, inventory location, and a description of the loss.

4. Save the write-off to update your inventory records.

Understanding the Inventory Write-Offs Tab

The Inventory Write-Offs tab includes several columns to help you track and manage write-offs:

• Date: The date when the inventory write-off was recorded.
• Reference: The reference number for the inventory write-off.
• Inventory Location: The name of the inventory location associated with the write-off.
• Description: A description of the inventory write-off.

By properly documenting inventory write-offs, you maintain accurate inventory levels and ensure that any losses are accounted for in your financial records.