Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Connect with and learn from others in the QuickBooks Community.
Join nowHi Everyone,
I am using Intuit Quick books Enterprise solution : Accountant 13.
Our fiscal year end is 30th June. Now the issue is this that till 30th May 2020 my inventory asset account value is positive but from 31st May its negative despite of the fact that my physical inventory count is positive.
I have checked the entries too but i am unable to find the problem. Please help me out i am also attaching the file.
My email id: [email address removed]
Have you run the Verify/Rebuild Data? As another troubleshoot, open your company file on the trial license of QBES 2020.
Hi,
I have already tried Rebuild Data but same result.
Hey there, Umair Waheed. Welcome to the Community.
Thanks for providing me with a PDF file showing what's happening. I'll help you go over the possible reasons why you're seeing negative inventory. Once the reason is identified, it's proper correction method can be implemented.
Here's a list of the potential causes:
Before attempting our solutions for a scenario like this, Intuit recommends:
For detailed steps on how to fix each of the three possible causes mentioned above and prevent this from occurring moving forward, you can utilize our fix negative inventory issues article.
Here's a couple resources about inventory which may come in handy:
If you have any other questions, please don't hesitate to respond. I'll be here to help. Have a great day!
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.