How to Write off Inventory

An inventory write-off is an accounting term for the formal recognition that a portion of a company's inventory no longer has value. An inventory write-off may be handled in the company's books by charging it to the cost of goods sold or by offsetting the obsolete inventory allowance.

1. Create Goods Issue 
2. Select From Location : Internal warehouse that you want to take product out.
3. To Location : Inventory Loss