Last updated 23/12/2020
If you are using the Perpetual inventory accounting method, you will import adjustments to increase or decrease your inventory asset/SOH account using journals.
If you are using the Periodic method, then you do not need to import Adjustments to your Xero account. For the difference between the two methods, please see Perpetual Method and Periodic Method.
Depending on the stock movements within each adjustment, the net value will either be positive or negative.
Importing a positive adjustment will debit your inventory account and credit your allocated expenses account.
Importing a negative adjustment will credit your inventory account and debit your default expenses account. After this, you may choose to direct this from your default expense account to an alternative account that deals specifically with stock loss, theft etc. if you have these set up.
There are three conditions for Adjustments to be imported into Xero:
There are two ways to import Adjustments into Xero.
This method will import all Adjustments at the same time. This is the quickest way to import all Adjustments.
You may wish to only import one Adjustment, or inspect the Adjustments before importing. To do this:
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