You can change the details of items if you need to. When you edit an item you have used, WorkingPoint does not update transactions that have used the item previously—any changes will be reflected only on invoices/quotes, bills, etc. created after you made the change.
To edit an item:
Click the Items tab to open the Items List.
Move the pointer over the item you want to edit. You’ll see this:
Click Edit.
Make the changes.
If you are editing an item to begin tracking inventory:
Check the "Add inventory to this item" checkbox and enter the quantity you currently have on-hand; (if you check the checkbox, you must enter all the fields.) Or, you can add inventory to an existing item when you next record a purchase/expense or enter a bill for the item by checking the "This purchase/bill contains items to add to inventory" checkbox on the bill or purchase/expense form. More
If you are editing an inventory item and want to adjust on-hand quantities:
Click Add Inventory to increase the on-hand quantity Show me more
In the Qty to Add or Qty to Reduce field, enter the number that you are increasing or decreasing the item by.
If the cost per unit has changed, enter the new cost.
Select the date of the adjustment, if you need to.
Choose the account you use to track inventory adjustments.
You must select an adjustment account before you can save this adjustment. You might want to create a new account just for tracking inventory adjustments. You can use one account for all adjustments, both increases and decreases. Or, you could create an expense account for inventory reductions and an income account for inventory additions. Check with your accountant to see what would work best for you.
(Optional) In the memo field, enter the reason for the adjustment to remind yourself l
Click Reduce Inventory to decrease the on-hand quantity Show me more
In the Qty to Add or Qty to Reduce field, enter the number that you are increasing or decreasing the item by.
If the cost per unit has changed, enter the new cost.
Select the date of the adjustment, if you need to.
Choose the account you use to track inventory adjustments.
You must select an adjustment account before you can save this adjustment. You might want to create a new account just for tracking inventory adjustments. You can use one account for all adjustments, both increases and decreases. Or, you could create an expense account for inventory reductions and an income account for inventory additions. Check with your accountant to see what would work best for you.
(Optional) In the memo field, enter the reason for the adjustment to remind yourself later.
Click Save Changes.
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Note: If you adding a starting quantity or changing the details of the starting quantity of an item, WorkingPoint recalculates the quantity on hand and the weighted average cost for subsequent transactions involving the item. If changing the details results in the Available Quantity being less than zero, WorkingPoint displays an error message and you won’t be able to save the changes. |
