Hi there, @justonwo.

I'm here to share details on how to modify inventory value in QuickBooks Online.

When the Starting value is incorrect, an item will show zero asset value. Moreover n, a product adjustment was created. With this, I recommend going to the Products and Services page and reviewing the item's configuration. Then, update the details to address the issue.

Here's how:

1. Select Products and Services from the Sales menu on the left panel.
2. Select the item you're working on from the list and click the Edit button in the Action column.
3. Go to the Quantity on hand section and hit the Starting value link to see more information about the product.
4. To confirm the action, select Got it.
5. Check the item details on the Inventory Starting Value # Start page to ensure the data entered is correct.
6. Update the information if it is incorrect.
7. Save and close the window.

If an adjustment has been entered for the goods, double-check the data to ensure it is correct. Follow the steps in this article to verify the information. To view the complete instructions, go to the Edit or delete an inventory quantity adjustment section: Inventory Quantity Adjustment in QuickBooks Online.

Subsequently, you can refer to this article for information on how to check your inventory so that you always have an accurate count: Fix negative inventory issues in QuickBooks Online.

Drop me a line and I'll assist you with more concerns about inventory reports in QuickBooks. I wish you the best of luck!