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  • Inventory Adjustment Transactions

    I printed an income statement this morning and noticed the inventory account had a huge negative balance. On further inspection, it comes from Inventory Adjustment Transaction 1520 Inventory A 2957040 5020 Inventory A Cost 2957040 The transaction…
  • Unposted inventory item

    Hi everyone i have some unposted inventory items that i’m struggling to fix. Does anyone know how i can get this posted?
  • Recording Inventory on Hand (Closing Stock)

    Do you have inventory on hand? You will need to account for the difference between your opening and closing inventory values. To ensure that you report your Inventory Value accurately: The value in the Inventory Opening Balance Account is included as…