Rodney2
Level 2

How Does Quick Books calculate value of Inventory to include in the balance sheet

Hello, I recently did an inventory  quantity adjustment for my inventory however when i run my items report the inventory value is higher than what is shown in my balance sheet. I have inventory from the previous period before i got quickbooks which i entered in the system with their quantity and value through a stock adjust. Could this be the reason why my stock value in the balance sheet is low?

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