Revalue stock (change its value, not its quantity)

Steps

1. Click Inventory, then Stock Adjustments, then New Adjustment.
2. Set the Date of the valuation.
3. Change Type to Value (revaluation). The Reason changes to Inventory Revaluation.
4. Choose the Item. MAJA shows the quantity on hand on that date, its value and its value per unit.
5. Enter the New total value (AED), or the New unit cost (AED). MAJA fills in the other.
6. Add a Description and click Save Adjustment.

What MAJA does for you

• Keeps the quantity. The stock that stood on that date gets the new value, and the difference is posted to 5190 Inventory Adjustment / Shrinkage.
• Makes the new unit cost the item's cost.
• Sales from that date onwards are restated to the new cost at their own dates. Stock used before that date keeps the price its own documents gave it.
• The success message shows the old value, the new value and the new cost per unit.

Good to know

• A revaluation applies to the item across the whole company. It cannot be limited to one location.
• Every restated sale must sit in an open period.
• If the item held no stock on that date, MAJA says there is nothing to revalue. If the value is unchanged, it says No revaluation needed.