How to enter "write off" for damaged stock

Discussions, hints and tips for users of Retail-Man Point of Sale, from Ezi Solution.

Moderators: sami, graham

How to enter "write off" for damaged stock

Postby leads » Sat Aug 07, 2010 10:54 am

Hi,

If I have a stock item that is damaged and therefor unable to be sold how do I enter this into retailman?
I need to show the "write off" somewhere as the stock item has been entered initially through purchasing.

Many thanks for any info.
leads
Standard
 
Posts: 9
Joined: Sun Oct 25, 2009 7:40 pm
Location: Switzerland

Re: How to enter "write off" for damaged stock

Postby verbilly » Tue Aug 10, 2010 4:14 am

Hi,
I don't know how others do it but we just created an in house account (customer) and we just sell written off stock to it at no charge. At least we have a trail.
Cheers
verbilly
Standard
 
Posts: 19
Joined: Thu Mar 20, 2008 9:10 pm
Location: Australia

Re: How to enter "write off" for damaged stock

Postby sami » Wed Oct 20, 2010 9:34 am

Hi,

To write off stock, go to Stock > Stock Qty Adjustment screen and in the account field, enter the stock shrinkage (or a similar account from the chart of accounts, the account has to be an expense account), then press <Enter> few times (make sure to give the BIN field the focus then press Enter) the screen changes and now you can enter your stock in negative and the system will adjust your stock and post the amounts to the proper accounts.
sami
Site Admin
 
Posts: 715
Joined: Wed Oct 19, 2005 5:00 pm
Location: Australia


Return to Retail-Man

Who is online

Users browsing this forum: No registered users and 3 guests

cron