I started a new set of books as the previous books were completely skewed and incorrect. I have everything ready to go and the last bit was accounting for inventory. I am using QB Enterprise Mfg and Wholesale 2018. We did a recount of inventory and I am entering through "adjust quantity on hand" however the adjustment account is set up as an "other expense" and since all quantities are zero to begin with it causing it to be negative. I feel this will overstate the income for the year and I am not sure how to adjust for that. Any suggestions?
