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Adjusting Inventory Balances for Non-serialized Resources

You might need to adjust your inventory balances in APM. For example, before you convert existing assets and resources to serialized inventory, check the quantity of the assets physically in your enterprise and then make sure the inventory balances are correct in APM. You can adjust your inventory balance if necessary.

To Adjust Inventory for a Non-serialized Resource

1.	In the Site window, select the Resource Management view and then the Inventory tab.

2.	On the Warehouses tab, right-click the warehouse that you want to adjust quantities for. Select Open as and then Stocked Items. APM opens the warehouse and displays the Stocked Items tab on the Stocked Items view.

3.	Review the balances for the warehouse item. If necessary, you can adjust the balances by following the rest of this procedure.

4.	Right-click the warehouse item and select Adjust Item. The Inventory Adjustment dialog appears.

5.	Complete the following:

Resource to Adjust

•	Inventory: Select the warehouse inventory group which holds the balances for the item. For example, if you are adjusting inventory for a consignment item, select the appropriate consignment inventory group.

Adjustment Type

There are two types of adjustments that you can make to adjust your on-hand balance. The entry view changes allowing for different adjustment types depending on which option is selected.

•	Count: Updates the quantity of items on hand to reflect the physical count of items in the warehouse. Enter the number of items that are currently in the warehouse. The difference between the original value and the replacement value is calculated, and the appropriate adjustment made.

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Quantity: The entered quantity is added to or subtracted from the warehouse item’s current on-hand balance. This type of adjustment is typically used when a known quantity of an item must be added to or removed from inventory. For example, if a number of items were found to be defective, an adjustment quantity of x is adjusted out (or down). The unit cost is not affected.

Adjustment amount

•	Enter the selected adjustment. The current values of quantity on hand, unit cost, and total value in inventory change depending on your entry.

Adjustment Details

•	Adjusted by: The person adjusting the inventory.

•	Adjusted on: The date and time the inventory was adjusted.

•	Reason: Select the reason that the inventory was adjusted from the list.

6.	When you are finished entering information, click OK. APM posts the new transaction and makes the appropriate inventory adjustments in the warehouse.

7.	Close the Warehouse window.