Written Off Stock

[Tsungai]

i have stock in my store that i write off regularly e.g. breakages or anything not returnable to the supplier. was wondering if there is a way of handling these so that i can view Written Off stock for the month or any particular period?

[Admin]

I suggest you do a "Stock Addition" for the stock that you write off due to breakages or even wastages / damaged goods.

The steps would be :

1. Stock Take
2. Stock Addition
3. Select the products & enter the quantity as NEGATIVE! Eg. -15 (Remember it is meant for additions, so we need to enter a Minus to specify DEDUCTION)
4. Enter the reason eg. Damaged stock.

You can't print a total of this per month, but at least it will show as a Shrinkage & also under your stock movement detail of the items!

[Tsungai]

i have tried it out and it works. if only it could further split stock count differences from this written off stock cause my workers have to pay for any missing stock and that excludes written off items.

[leanne]

Another option is that you can create a Debtor - ie: WASTAGE/LOSS you can do a normal sale and then complete the sale as an account sale F6 and then use the Debtor account that you have created- you can also choose the sales channel you would like the sale processed from.

[Tsungai]

Wow. I like this. Will try that and let you know