month end close and negative on hand inventory values

To properly identify your options for addressing negative on-hand inventory values, I recommend working with an accounting professional. If you need one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed are QuickBooks certified and can provide valuable insights to drive your business's success.

Let us know if you need anything else.

Thank you for your response and no offense intended, but as a CPA I am accounting professional. 

The issue is that due to the nature of our business, it is not uncommon to have inventory items go negative for short periods of time. For example ,we may have an item we offer for sale that we do not carry in inventory. A customer places on order on Friday and we invoice them creating a negative on hand inventory. The goods are delivered to the customer on Wednesday by a third party supplier at which point we enter to goods into our inventory thereby zeroing out the negative on hand. This is not unusual for sales transactions fulfilled by a third party shipper. 

The Intuit suggested workaround is to make an inventory adjustment for each of the items the last day of the month and then reverse it the first day of the following month. It works but is cumbersome and time consuming. 

The simple solution is to keep the warning at month end but let me override it if I know of extenuating circumstances or the variance is immaterial. 

You're right that allowing a controlled override for negative inventory warnings would be a more efficient solution, especially for businesses like yours that use third-party fulfillment.

While the current workflow is the best available option, I see how it can be time-consuming.

Your suggestion to enable an override feature is valuable. I encourage you to submit this Feedback to our product development team on your behalf, so they can thoroughly evaluate it for future product updates.

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