Hello, looking for some inventory help. I have used QB for services for many years but am now helping clients with product. I have watched several tutorials and read several manuals but cannot seem to get a consistent answer for "Owner use of Product-Removing from Inventory".

Client moved to QB pro 2012 desktop from excel this year.

We purchase items & put into inventory. We are still entering item inventory quantity from end of last year. Due to this we may have an item name but no quantity yet.

Our state requires use tax on removed items.

Owner removes item for personal use. I try to make inventory adjustment using "Adjust Quantity/Value on Hand > Adjustment Type > Quantity & Total Value".

I can adjust quantity & sometimes will have a negative quantity due to still entering inventory from previous year.  I cannot adjust value to equal what owner paid for items (this is the amount upon which use tax is calculated). I just get $0.00 or QB averages a negative amount & then the QB message cannot have a negative amount and an incorrect "Total Value of Adjustment.

Is there a simple way to adjust inventory quantity/value to show correct total & then what type of entry would I use to add use tax liability?

I tried a sales receipt as I saw on previous answered questions but I think an owner us of product should not affect account receivables?

Thanks to anyone who would be able to help!