Change the valuation of stock after already inputted into the system


Would anyone be able to tell me how to change both the value and quantity of stock that has already been inputted into the system? Incorrect values and quantities were inputted in the system. I’m looking at the stock reconciliation form and I am not sure how to use it to change the values/quantities.

Thank you for any help you can provide,

You have already answered your question.

Stock Reconciliation is the answer…input the qty and rate for the item on that particular date to reconcile the items and submit the reconciliation.

Which part of SR are you not able to understand?

Thank you for your reply,
When I input the quantity and value it seems to add that quantity at that value to the stock balance. I want to alter the current quantity and alter the current valuation.

Is there something I am missing?

Nevermind I figured it out. For some reason the item’s value were not loading correctly but it is working now.

Thanks for all your help.