Inscribe the inventory value in your accounting system:

How to get the value out of your inventory on a given date FAQ ...

You want to do the physical inventory FAQ ...

Make the transaction of your accounting system



The classic purchase transaction:

Increase the cost of goods sold (GL of parts purchase),

Increase Payables (GL Passive Supplier)

To adjust inventory, you need to make a general ledger transaction:


A) the value of your inventory to increase

Lower the cost of goods sold (GL of parts purchase),

Increase the inventory value (Asset GL: Inventory)

 

B) the value of your inventory to lower

Increase the cost of goods sold (GL of parts purchase)

Decrease the value of the inventory (asset GL: inventory)