Inventory & Recipe Adjustments - Overview

The Inventory Adjustment screen is used to record product quantities that have become unusable (e.g. broken or spoiled) and need to be subtracted from the inventory of a particular storage location. Therefore, if an adjustment is created for a quantity of 20 pounds, then 20 pounds will be subtracted from inventory. You can also enter an adjustment to add vto your inventory if necessary. In the Inventory screen, adjustments are subtracted when determining each product’s Book quantity. In order to add to inventory, a negative adjustment quantity must be entered.

Products are adjusted out of a specific storage location, so inventory cannot be adjusted if it does not exist in the specified storage. Also, the adjustment quantity entered cannot exceed the on-hand quantity.

Users may also be allowed to create a Recipe Adjustment for recipes that are produced on site in anticipation of sales demand but are not processed via Net-Chef Daily Prep – and therefore don’t exist as inventory items. When leftovers of these recipes are discarded, users can record the discarding (i.e. depletion) of the components of these recipes from the appropriate storage locations.

For companies that use the Average Cost accounting method, Value Adjustments can be used to update a product's Issue Cost and Inventory Cost if necessary.