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Forum Post: Adjust Cost Utility

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How do I use the adjust cost feature in the inventory module to correct a stock valuation entry? The entry was done at the incorrect price. I need the adjustment to be done in the period (month) when the stock count was actually entered and not the current period (when I am actually making the adjustment). For e.g., stock count was done and entered in January 2016, error was found in May 2016. I need to know how to adjust the inventory to correct the General Ledger in January 2016; currently it is correcting it in the month that the correction is completed (May 2016).

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