The Inventory Write-offs tab helps you recognize and document inventory losses due to damage, misplacement, or theft. This feature enables you to precisely manage inventory discrepancies that occur beyond normal business activities.
To create a new inventory write-off, click the New Write-off button.
The Inventory Write-offs tab includes several columns.
There are following columns:
The date when the inventory write-off was recorded
Reference Number for Inventory Write-Off
Associated inventory location name for inventory write-off
Description of inventory write-off
Total cost of inventory write-off