year-end-accounting

How do I revaluate my inventory?

It is important to make sure that there is consistency between your physical inventory and the inventory maintained in Zoho Books. In case your items have dropped in market value, you may be able to claim deductions for them.

To adjust the value or quantity of the goods in your inventory:

  • Go to Items on the left sidebar and select Inventory Adjustments.
  • Click +New at the top-right corner.
  • Enter the necessary details.
  • Click Convert to Adjusted to make the adjustment.

Now, the value or quantity of the goods in your inventory will be adjusted according to recent details you’ve given.


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