Use the Reconcile Balances action in the Inventory application to adjust the current balance based on a physical count. This transaction is for the selected item in a selected storeroom only (by default, the storeroom named in the Inventory tab).
From the List tab of the Inventory application, display the item you want.
Click the Inventory tab.
On the Select Action menu, choose Reconcile Balances.
Select the Control Account and Shrinkage
GL Account by clicking Select Value .
Click OK.
The system generates a reconcile adjustment transaction for the adjustment. The Quantity field in the transaction record reflects the change to the current balance after the adjustment is made.
NOTE: The system includes issues, returns, transfers, and receipts after the physical count to calculate the new balance.