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Welcome to the QuickBooks Community, caffeinatedsloth.
Yes, you can deduct the cost of inventory for your sample items using the Inventory Qty Adjustment option. This helps match what you actually have in stock.
Here are the steps:
You can also check this article for the other way of editing the inventory item: How to adjust inventory quantity on hand.
I'll be around if you have any additional questions about QuickBooks inventory. Thanks.
Welcome to the QuickBooks Community, caffeinatedsloth.
Yes, you can deduct the cost of inventory for your sample items using the Inventory Qty Adjustment option. This helps match what you actually have in stock.
Here are the steps:
You can also check this article for the other way of editing the inventory item: How to adjust inventory quantity on hand.
I'll be around if you have any additional questions about QuickBooks inventory. Thanks.
Hello, I don't have the ability to track or change inventory since I just have the Simple Start version. I don't need to change inventory numbers of products, I just need to deduct the cost somehow so that it is an "expense" since I paid for the item when I ordered inventory but these particular items won't be sold. Does this make sense?
Hello there, caffeinatedsloth.
We can do a manual adjustment for the cost.
You can use a journal entry to do this. You can use this article for your reference:
https://quickbooks.intuit.com/community/Help-Articles/Create-a-journal-entry/td-p/192925*.
You may also reach out to your accountant if you need help on the Journal Entry.
Let me know if you have other questions.
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