Jiwa Inventory – Revaluing Stock (Cost Price Adjustments)

In this article we will look at how we can revalue our inventory lines using the Cost Price Update form in Jiwa.

Before using this function ensure that you understand the impact that updating cost prices will have not only on your inventory value but also in your General Ledger.

 

From the main menu select Inventory > Utilities > Cost Price Update

 

From the menu ribbon select New

 

In the Notes section add comments as to why you are completing the cost price update.