User guide
27
Getting Started
When you adjust your quantity on hand, Reckon Accounts assumes that the average cost of the item remains
the same and adjusts your inventory value accordingly. Reckon Accounts also lets you adjust the value of your
inventory.
For example, after doing a physical stocktake, you nd you have seven fewer shirts than you thought you had. You
adjust your quantity down. Reckon Accounts then asks you which account you want to attribute this shrinkage to
for your prot and loss statement. As you reduce the quantity, you reduce your inventory asset amount and increase
your expense.
To print a stocktake worksheet:
Print a stocktake worksheet to ensure that you account for every item in your Reckon Accounts list and as a result
achieve an accurate inventory on hand value.
1. Go to the Reports menu, click Inventory and then click Stock Take Worksheet.
2. Print this report out to use when counting your inventory.
3. Click Export to send this to an Excel spreadsheet where you can modify the report before printing a category of
items at a time.
To adjust quantity/value on hand:
1. Go the Lists menu and click Item List.
2. Click the Activities button at the bottom of the window and then click Adjust Quantity/Value on Hand.
The Adjust Quantity/Value on Hand window opens.