Btw when you correct the items it will ask if you want to adjust the historical entries. Be very careful here. If you’ve closed a year end and have inventory items it’s likely going to adjust your COGS and your inventory balances. Not a good outcome! Unless you’re watching carefully your prior year end balances will be affected and you will not be able to reverse that outcome. Check your balance sheet year over year to make sure it wouldn’t be affected before choosing to adjust history.
