Use the Inventory adjustment journal to write off a business object that no longer holds value. The object must be in the inventory category.
Steps
Go to Inventory management > Journal entries > Items > Inventory adjustment.
Click New.
In the Name field, enter or select a value.
Click OK.
Click New.
In the Item number field, enter or select a value.
In the Site field, enter or select a value.
In the Warehouse field, enter or select a value.
In the Serial number field, enter or select a value.
In the Quantity field, enter a number.
Note
If the intention is to remove the object from inventory at no cost, specify the quantity as -1 and set the cost price to 0.
Click Post.
Click OK.