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bgolfer
Level 1

POS Inventory Adjustments account

We recently switched over to QB POS in March, 2022. Shortly after, our QB desktop made an automatic journal entry that reduced our inventory by $800,000. I don't understand why this happened, but it is not correct. What can I do to fix it? Additionally, the account POS inventory adjustments post a few journal entries each month. I'm not able to reconcile where they are coming from. Thanks. 

1 Comment 1
FritzF
Moderator

POS Inventory Adjustments account

Hi there, @bgolfer.

 

I'm here to help fix the issues you're having with your POS Inventory Adjustments account in QuickBooks Desktop (QBDT).

 

We haven't received any reports similar to what you're having. To isolate this, let's run the built-in Rebuild and Verify tools. This automatically fixes minor company file data issues.

 

Here's how to do it:

 

  1. In QBDT, go to the File menu, then hover over Utilities and select Rebuild Data.
  2. On the QuickBooks Information window, select OK. Follow the onscreen steps to save a backup.
  3. Let the tool repair your file. It may take some time. QuickBooks may seem stuck, but as long as you can move your mouse, the tool is working.
  4. When the tool finishes, select OK.
  5. Go to the File menu. Then hover over Utilities and select Verify Data.
  6. Let the tool check your file for data issues.

 

If QuickBooks doesn't find any problems, select OK. You can keep using your company file. You don't have any data damage. If it finds an issue, select Rebuild Now.

 

If the same thing happens, check out this article and proceed to Solutions 2 for more troubleshooting steps: Fix data damage on your QuickBooks Desktop company file.

 

I also recommend visiting our website for more tips and other resources you can use in the future: Self-help articles.

 

Please leave a comment below if you have more questions about this or anything else QuickBooks. I'll be here to assist. Keep safe.

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