Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
posted
Hello all. We recently had some consultants "help" with our inventory woes, and I'm working to uncover all the things they screwed up. >:( I found adjustment entries on products that look like this (this is on the Inventory Center view of a particular product):
Dec 2018 PI refers to a physical inventory count that we did in December 2018, which resulted in a bunch of adjustments like this one. However, it appears this adjustment was incorrectly postdated for December 2019.
From this I infer that, effectively, the adjustment hasn't yet happened. My gut tells me this is very bad, as this same apparent mistake is repeated across many products. Am I right? If so, what's the best approach to correcting this? Thank you!
It's nice to see you here again, @Korfyp,
Allow me to chime in and share some information about your inventory adjustments in QuickBooks Desktop.
Yes, you're right! When you create the adjustment, you enter the date that you made the physical count of your inventory or the effective date when you want it to reflect.
Here's a more simplified instruction to guide you with adjusting your inventory:
- Go to the Inventory menu.
- Click Adjust Quantity/Value on Hand.
- Complete the adjustment information and add the effective date in the Adjustment Date field.
- Click Save & Close.
You may want to refer to the article JaneD attached in her post above to know more about how the adjustment works.
As always, please let me know if I can be of additional assistance. I'd be delighted to work with you anytime. Have a great day!
