The Inventory Adjustments page in Appliance.io ensures every inventory discrepancy — whether a loss or a recovery — is recorded accurately and transparently. These adjustments are vital for maintaining balance between your Income Statement and Balance Sheet, since each change directly affects both.
📍 Accessing Inventory Adjustments
To access Inventory Adjustments:
From the sidebar, click Report.
Under the Accounting section, select Income Statement.
Scroll down to find Inventory Adjustment.
Keep in mind that Inventory Adjustments are non-cash transactions — they strictly track inventory movement for accounting accuracy.
You’ll find two main types of adjustments:
Write-Offs (negative adjustments)
Recoveries (positive adjustments)
🧾 Inventory Write-Offs
A Write-Off represents a reduction in inventory, such as damaged, lost, or obsolete items. These are treated as expenses in your financial reports.
⚠️ Note: This is not the same as the “Write-Off Payment Method” used in Quotes. The Write-Off here specifically refers to inventory-related adjustments.
Within the Write-Offs Report, you’ll find three useful filters:
Search Bar
Date Range
Location
Click Reset Filter anytime to return to the default view.
If you’d like to analyze the data further, click Export to download the report in PDF, CSV, or Excel format.
📊 Write-Off Summary and Data
At the top, you’ll see three summary tiles for a quick overview:
Total Items
Total Transactions
Total Impact
Below that, a detailed data table displays:
Date
Model Number
Type
Quantity
Unit Cost
Total Impact
Write-Off data can come from several activities, including:
Deleting an item in Inventory
Deleting an item while Reconciling Inventory
Transferring Inventory
Scanning Out a delivered order
All these actions automatically generate write-off entries in the report.
📈 Inventory Recoveries
Inventory Recoveries are the opposite of write-offs — they represent positive adjustments, increasing your total inventory value. These entries are treated as income.
Recoveries can occur when you:
Receive inventory
Reconcile inventory
Add stock directly from the Inventory
Or perform a Transfer Inventory
Every recovery transaction automatically updates the report, ensuring your records stay up to date.
🎉 You’re All Set!
The Inventory Adjustments Report helps you maintain financial clarity by tracking every change in your inventory — whether items are written off or recovered. With accurate data feeding directly into your accounting reports, you’ll always have a clear, reliable view of your business performance.