Perform an inventory reclassification when you want to change the product name of certain inventory lines to something else.

STEP 1: Click the check-boxes for the items you want to reclassify in your inventory search. 

NOTE: You can only change one product name at a time. Make sure all the items you select are in the same product.

STEP 2: Go to your inventory cart. The link to your cart is at the top of your screen to the left of your name.

STEP 3: Find "Reclassification" under the Adjustments button in the cart.

STEP 4: Fill out the required fields, select the new product name, then click "Add Reclassification" at the bottom of your page to save.

Your inventory's asset value derives from the purchase in your system which the inventory was received from. In the event you need to change the value assigned to an inventory item, you can perform a Revaluation for the item(s). 

This affects your Inventory Asset value on your balance sheet, and also affects an adjustment account assigned to the selected reason code. 

Start by adding the inventory items needing revaluations to your inventory cart. Then, click the word "Cart" on the top toolbar to view your cart. 

Then, click the "Adjustments" button to click the option for "Revaluation" 

On this screen, simply type in the desired value per unit for each inventory line. The total new value should calculate based on the total quantity multiplied by the value per unit. 

Click the "Add New Revaluation" button to finalize the adjustment.

In the event that you find an inventory item which is not listed in your system's inventory, you can create a positive adjustment to increase the level of inventory for the product(s) needing to be added.

NOTE: 
This kind of adjustment should only be used if you do not have the supplier invoice/packing list information to add the items through the normal purchasing process. 

From the Inventory Home, click the Plus Sign near "Inventory Adjustments" and then click "Positive Adjustment Serialized" 

A page titled "Add New Inventory Adjustment" should appear with 15 rows to potentially fill in with inventory details.
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After you have filled in all the information about the inventory lines you want to add and have filled in all fields marked in red, you can click "Add New Positive Adjustment" at the bottom-right of your page to finalize the adjustment. 

Copy Down Arrows: 
You will notice small buttons with blue arrows on them to be used for copying identical information down from the lines above. These can save you from manually typing in the same information multiple times on positive adjustments with several inventory lines.

Select From Write Off Inventory:
The only way to return previously written off inventory to your list of available inventory is to select from Write-Off Inventory in a positive adjustment. Click the black button titled "Select From Write Off Inventory" when creating the positive adjustment and a pop-up will appear listing the written off inventory lines you can add into the positive adjustment.

On this page, click the open checkboxes parallel to the inventory you want to add back into your system. As soon as you check the boxes, the information from that item will populate the fields on your positive adjustment.