Adjustments out for products

Question

Hi ! 
 
 If there is n adjustment to a product to remove a quantity from the product record, is this reflected in the P&L? What are the journals? 
 
 We do adjustments to reflect use of cleaning products in that we use in our office and dont sell, if we adjust these out of stock, how are they charged through the P&L? 
 
 Thanks!

Adam Wood · Answer

Hi Marianne, 
 Adjustments (or any product transaction on it's activity screen) are not reflected on the ledgers and therefore on the Profit and Loss. 
 It is the SI or PI that is raised when you update an invoice that posts to nominal codes/Profit and Loss. 
 To reflect your stock value in your management reports, you can post an Opening/Closing stock journals at the end of the month. 
 Please click here to view our help guide on how to do this.

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