QuickBooks updates inventory quantities and values when you track all the purchases and sales, JeanLutzNA.
There are times we need to deal with our inventory adjustment by deleting them instead of reversing. Let me guide you with the steps.
- Launch QuickBooks & Login
- Click on New and then select the Inventory part.
Select The Particular Item to be Deleted.
Select Quick Reports. Click on All Tab and then choose the date range.
Right-click on the entry next to the product entry which you want to delete. Choose Delete.
- In case you need to delete several adjusted inventories, you can follow the same steps and delete multiple inventories at once.
- To save your preferences and your inventory adjustments, click Save.
You can also use the Balance Sheet and Inventory Valuation reports to find all transactions causing discrepancies. Please read this article: Balance Sheet and Inventory/Stock Valuation Reports Show Different Amounts for Inventory Asset Accou....
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