Within standard NAV, the stock value being written off can be difficult to pinpoint as the stock adjustment accounts are differentiated by the General Product Posting Group only. As this impacts directly on your “bottom line” we have developed functionality that allows you to manage multiple inventory adjustment accounts in the G/L more easily.

When processing a credit note for damaged or missing stock, this granule will automatically credit and negatively adjust your inventory.

A mandatory Reason Code can be set for any negative stock adjustment, with the Reason Codes mapped to the corresponding stock adjustment accounts.
Alternatively, you may only want to differentiate between physical stocktake adjustments and other type of stock adjustments.

As you don’t need to process a separate item journal after posting your credit note for damaged or missing stock, the chance of errors is eliminated, which results in improved processing times.

Stock Write-Offs will give you better traceability of write offs within your financials, eliminating the need for additional reports.