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Buy nowThank you for returning to the Community and providing more information about your inventory issue, Adele24. The data will help us determine the actions we should take to maintain the accuracy of your record.
The desktop program updates inventory quantities and value as you track every purchase and sale. If the inventory status is inaccurate, you can either modify the quantity on hand or the total value.
Since the quantity of items increases when creating an adjustment, I'd suggest consulting an accountant for guidance on how to properly handle the situation. This is to prevent throwing off your records, particularly your asset account and retained earnings.
For further information on when to change the quantity or value of your inventory, click here for the complete details. Also, these links contain topics, tips, and resources to assist you in managing your accounting tasks as well as your inventory data efficiently:
Reach out to me again if you have other inventory concerns or questions about the product. I'd be delighted to assist you further, Adele24.