Inventory input

JulieK1 · ‎January 15, 2019

Hi, my company changed from Quickbooks online to Quickbooks enterprise. I inputted all balance sheet data from online to desktop enterprise. Now I need help to input my inventory item from my Inventory Asset. When I inputted inventory, I Debit Inventory Asset and Credit Opening Balance Equity. Now I want to show each item in my inventory by quantity. How do I input them? Thanks.

Rustler · ‎January 16, 2019

Assuming you know the qty on hand, and the total value of that qty per item

use inventory adjust, set the adjusting account to inventory asset, and select the adjustment type as qty and value

for each item

enter the total value of the qty on hand in the NEW total value block

enter the qty on hand in the NEW total qty block

View solution in original post

Rustler · ‎January 16, 2019

Assuming you know the qty on hand, and the total value of that qty per item

use inventory adjust, set the adjusting account to inventory asset, and select the adjustment type as qty and value

for each item

enter the total value of the qty on hand in the NEW total value block

enter the qty on hand in the NEW total qty block

JulieK1 · ‎January 18, 2019

Thank you! It's a perfect solution.

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