I uploaded a wrong inventory last September, I made it inactive in the products list. However, upon opening the chart of accounts, it's still added in the Inventory Asset

belrica-ma · ‎January 06, 2020

How can I remove this from the chart of accounts so I'll have an accurate inventory amount? Thanks in advance for all the help

Rustler · ‎January 06, 2020

inactive means just that - its gets it off the list of active items, it does not mean delete which you can not do in QBO.

Sounds like when you added the items you did so with qty and value, the only way I know to fix this is a major PITA. In the chart of account use the register for inventory asset, scroll and find each item that has the word START, edit that entry to zero qty and zero value, save, do another

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Rustler · ‎January 06, 2020

inactive means just that - its gets it off the list of active items, it does not mean delete which you can not do in QBO.

Sounds like when you added the items you did so with qty and value, the only way I know to fix this is a major PITA. In the chart of account use the register for inventory asset, scroll and find each item that has the word START, edit that entry to zero qty and zero value, save, do another

belrica-ma · ‎January 06, 2020

Thanks for this. It's indeed a major PITA to do in one by one but it solves my problem. Thanks!

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I uploaded a wrong inventory last September, I made it inactive in the products list. However, upon opening the chart of accounts, it's still added in the Inventory Asset