Use the Adjustments page to efficiently enter your starting inventory. Rather than adding individual bills for each item, make one comprehensive inventory adjustment. This approach ensures accurate stock tracking from your selected start date.
Navigate to Adjustments - Click on Adjustments under the Inventory page and select +Add new adjustment.
Set the Date - Enter a reference number and the starting date (e.g., January 1st) for when you calculated your inventory.
Add Inventory - Select the warehouse and input how much inventory you have for each item, along with its unit cost.
We’ll automatically fill in the on hand stock you have in the selected warehouse.
When entering a negative adjustment, ConnectBooks does not provide an option to input a cost. This is because the system uses the FIFO method for decreasing inventory.
Save Adjustment - The system will adjust the inventory count accordingly. Click Save to confirm the adjustment.