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shanbala99
Level 2

Not able to correct the inventory as per physical verfication. The following error shown in QB stock - Please select a date that comes before any transactions that used

 
Solved
Best answer February 23, 2020

Best Answers
MaryLandT
QuickBooks Team

Not able to correct the inventory as per physical verfication. The following error shown in QB stock - Please select a date that comes before any transactions that used

You've come to the right place, shanbala99.

 

Are you on the Inventory Starting Value #START page and want to change the start value date? See the screenshot below for your visual reference.

startvaluedate.PNG

 

If so, you'll get the error you've mentioned above when the date you enter is after the item was first used. To verify the date, let's go to your register and open the inventory asset-1 account. Then, look for the item where it was first used on your transaction.

 

Let me show you how:

  1. Go to the Gear ⚙ icon at the right top, then select Chart of Accounts.
    chartofaccounts.PNG
  2. Open the Inventory Asset -1 account.
  3. Sort the date to ascending order to see oldest transactions.
    sortdate.PNG
  4. I'm using the Shrubs:Olympic Fire Mountain Laurel item.
    startvaluedate1.PNG
  5. Take note of the date.
  6. Go back to the Inventory Starting Value #START page.
  7. Enter a date on or after the original value and prior to one you see on your register.
    startvaluedate2.PNG
  8. If you want to use a date after the item was first used, then you need to delete the transaction. This is to get rid of the error.

If you're situation is different, please update this post or comment below with a screenshot. It will help me provide the exact solution to your concern for today.

 

Check out these handy articles below for more details about managing your inventory in QBO:

Thank you for choosing QuickBooks as your accounting software. Have a great day ahead!

View solution in original post

1 Comment
MaryLandT
QuickBooks Team

Not able to correct the inventory as per physical verfication. The following error shown in QB stock - Please select a date that comes before any transactions that used

You've come to the right place, shanbala99.

 

Are you on the Inventory Starting Value #START page and want to change the start value date? See the screenshot below for your visual reference.

startvaluedate.PNG

 

If so, you'll get the error you've mentioned above when the date you enter is after the item was first used. To verify the date, let's go to your register and open the inventory asset-1 account. Then, look for the item where it was first used on your transaction.

 

Let me show you how:

  1. Go to the Gear ⚙ icon at the right top, then select Chart of Accounts.
    chartofaccounts.PNG
  2. Open the Inventory Asset -1 account.
  3. Sort the date to ascending order to see oldest transactions.
    sortdate.PNG
  4. I'm using the Shrubs:Olympic Fire Mountain Laurel item.
    startvaluedate1.PNG
  5. Take note of the date.
  6. Go back to the Inventory Starting Value #START page.
  7. Enter a date on or after the original value and prior to one you see on your register.
    startvaluedate2.PNG
  8. If you want to use a date after the item was first used, then you need to delete the transaction. This is to get rid of the error.

If you're situation is different, please update this post or comment below with a screenshot. It will help me provide the exact solution to your concern for today.

 

Check out these handy articles below for more details about managing your inventory in QBO:

Thank you for choosing QuickBooks as your accounting software. Have a great day ahead!

View solution in original post

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