CenterPoint® Accounting - Adjust Inventory Cost Video - Duration: 6 min 16 sec

Adjust Inventory Cost Document


This video discusses how to maintain an accurate value of your inventory when there is a need to adjust the value of the inventory after the initial production or purchase of the inventory. This type of transaction does not require you to adjust quantities. For example, a rebate received after purchase would reduce the cost of the inventory by the rebate or an additional storage cost incurred by holding the inventory that would be added to the value of the inventory.