Deciding when to transfer or adjust inventory
Inventory transfers are useful for tracking the creation of finished goods from components items. With inventory transfers, the value of the finished goods must be equal to the value of the component items. (Transferring inventory)
Inventory adjustments are used to track shrinkage, items sold without an MYOB AccountEdge invoice or purchased without an MYOB AccountEdge purchase order. They also can be used to fix errors that require you to adjust item quantities without changing the items' overall value, or adjust the items' overall value without changing the item quantities. When you make these kinds of changes, your items' unit costs are adjusted, along with the balance of your Inventory asset account. (Adjusting inventory)