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NicoleZimbo
Level 3

Move from Inventory Asset to Inventory

I appear to have imported my products with some line items as INVENTORY and others as INVENTORY ASSET. Most of the items are in the "inventory" account, how do I move the items that are in "inventory asset" to "inventory" ? Why are there both of these accounts anyway, wouldn't just one do ?

 I have taken 3 screen shots - attached

Solved
Best answer January 22, 2020

Best Answers
Rustler
Level 15

Move from Inventory Asset to Inventory

inventory asset is the default account and is special in that it tracks item, qty and FIFO cost per item.

 

Inventory, has to be something either your import created, or someone else did. Most likely your import has some with inventory and some with inventory asset.

 

inventory items need to be in inventory asset.

View solution in original post

1 Comment
Rustler
Level 15

Move from Inventory Asset to Inventory

inventory asset is the default account and is special in that it tracks item, qty and FIFO cost per item.

 

Inventory, has to be something either your import created, or someone else did. Most likely your import has some with inventory and some with inventory asset.

 

inventory items need to be in inventory asset.

View solution in original post

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