You can't see all of the transactions here, but you get the idea.  The name is changed to Inventory Adjustments from Inventory Shrinkage, but it's creating the same issue, a shrinkage expense on my profit/loss report of $3424.78.  Really it was the starting quantity that should have been changed on all of these, I didn't know that uploading a new inventory file would do this. What happened was my former software used a minimum quantity and Quickbooks uses a reorder point, so I had to edit the inventory file to reduce all of the minimum quantities by 1 so it would trigger a reorder correctly.  When I did this I saw there were a number of items that I knew we didn't have anymore or don't track anymore as they are outdated, so I deleted them from the file.  It recorded all of these as shrinkage.  Since there are hundreds of transactions I hope there is a solution that involves deleting all of them instead of one at a time, or even just the ability to negate this transaction so shrinkage is net 0 would be fine because at least it wouldn't mess up my financial reports.