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Shannon in Colorado
Level 2

Inventory Adjustment Error

Hello QBO Community,

 

  I am working on a cleanup for a service business that has no inventory. However, the system has recorded their inventory on hand as +$7M. When I attempt an inventory adjustment to set 1/1/22 inventory on hand to $0.00, I get an error saying: 

  "The inventory transaction cannot be complete because it requires allocating more than 2000 FIFO acquisition (purchase) lots to a single distribution (sale.)"

 

 What approach should I take instead to remove the erroneous inventory on hand? THANK YOU! Screenshot attached. 

 

Much appreciated!

-Shannon 

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