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Salomie
Level 1

how do i edit inventory

i used stock assets instead of stock how do i edit
1 Comment 1
Shania_C
QuickBooks Team

how do i edit inventory

Hello there, Salomie. I’m thrilled to see you making your first post. Let me guide you on how to update inventory and change stock assets to stock in QuickBooks QBO (QBO).

 

Please remember to exercise caution when adjusting stock entries, as it can significantly impact your accounting. If you are unsure about making these changes, please consult your accountant.  To proceed with editing the inventory stock assets, here's how:

 

  1. Click on the Sales icon, then choose Product and Services.
  2. Choose the appropriate filters and account from the dropdown menu.
  3. Click Search, then select the product you wish to modify. This will open the stock quantity adjustment
  4. Click Edit to modify.
  5. Update the Inventory asset account to Stock.
  6. Click Save and close.

 

 

Moreover, you can check this article as a reference to learn how to adjust inventory quantity in QBO: Adjust stock quantity on hand in QuickBooks Online.

 

Additionally, if you're all good with this, feel free to check this module to learn how to see your best sellers, what’s on hand, the cost of goods, and more in QBO: Use reports to see your sales and inventory status in QuickBooks Online.

 

The Community forum is open 24/7 to address your QuickBooks inventory questions. Simply click the reply button, and we will respond to your inquiries promptly.