Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
SALE EXTENDED 70% OFF QuickBooks for 3 months* Ends 12/8
Buy nowModifying quantity adjustments to your inventories can impact your overall accounting, phyc278.
When saving the changes made to your inventories, QuickBooks Online (QBO) automatically records appropriate adjustments to your Inventory Asset and Cost of Goods Sold (under Inventory Shrinkage) accounts.
Thus, deleting the inventory adjustment entries will affect discrepancies in your accounting data. If you're unsure about removing them, it's best to consult your accountant first.
Whenever you're ready, here's how to delete an inventory quantity adjustments:
Additionally, if you want further guidance on ensuring your accounting workflows are accurately monitored, consider adding QuickBooks Expert Live Assisted to set up your business for success.
Moreover, if you notice any discrepancies when making adjustments, you can fix negative inventory issues to ensure you'll always have an accurate count.
Don't hold back if any questions arise when managing inventories in your account. Just leave a comment below, and our team will be around to assist you. Keep safe.