The option to write off stock value is unavailable in QuickBooks Online (QBO), Sandra. You can only adjust the quantity of the inventories and not the value or amount.
I can see how having this option would be beneficial to your business. I recommend submitting a feature request so our dedicated software engineers can carefully review your suggestion and potentially incorporate it into future product implementations.
To do that:
- Go to the Gear icon.
- Under Profile, select Feedback.
- Provide a brief description of your feature request and click Next.
I've added these resources that will assist you in managing your stock effectively in QuickBooks:
We truly appreciate your input and the time you've taken to share it with the Community. Feel free to reach out if you have other questions about stocks in QBO. We're always here to answer your queries. Take care.
