- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Other questions
Let me share some information about the negative inventory on the Balance Sheet report, SueD1.
We appreciate you for performing the steps provided on this thread. The negative inventory is caused by entering sales transactions before entering the corresponding purchase transactions. An example of it is when you sell inventory items that you do not have in stock.
The negative inventory can show up on your Balance Sheet but primarily it shows on the following reports:
Inventory Valuation Detail (IVD) report:
The IVD is the ONLY report that you can use to evaluate the extent of your negative inventory. Negative inventory shows with negative numbers in the Quantity on Hand (QOH) column. Here's how:
- Go to the Reports menu.
- Select Inventory, then select Inventory Valuation.
Negative Item Listing report:
If you are using QuickBooks Enterprise 15.0 and later, you can use the Negative Item Listing report. Note that it shows current negative quantities but NOT the past negative quantities.
- Go to the Reports menu.
- Select Inventory, then choose Negative Item Listing.
- Go to the Reports menu.
- Select Inventory, then choose Negative Item Listing.
If you are using QuickBooks Premier or Enterprise 2014 or earlier without Advanced Inventory, you can use your Inventory Center:
- Go to the Vendors menu.
- Select Inventory Activities, then click Inventory Center.
- On the top left of the Inventory Center window, change the filter from Active Inventory to Assembly to QOH < = Zero.
To resolve this, you can check out this article for the steps and details: Fix negative inventory issues in QuickBooks Desktop. If the same thing happens, I'd suggest contacting our Technical Support Team. They'll pull up your account in a secure environment and investigate what's causing this issue. Here's how:
- Go to the Help icon, then select QuickBooks Desktop Help.
- Press Contact Us.
- Enter a description of your subscription concern, then click Continue
Please check out this article for our support hours: Contact QuickBooks Desktop Support. It is to ensure we cater to your needs on time. Additionally, you can check out this article to learn more about how to personalize reports in QBDT: Customize Reports in QuickBooks Desktop.
Do you have any other questions about your customizing reports? Please let me know in the comments section. This thread is always open to answer any questions you may have. Keep safe.