Limited time. 50% OFF QuickBooks for 3 months.

Buy now & save
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Get unlimited expert tax help and powerful accounting in one place. Check out QuickBooks Online + Live Expert Tax.

Reply to message

View discussion in a popup

Replying to:
Lydia-Aspire
Level 1

Why does the Inventory shrinkage account disappear on a cash basis P&L ?

Does anyone know why the Inventory shrinkage account disappears on a cash basis P&L? The Cash basis Balance Sheet numbers also change from actual inventory to the starting balance numbers. Just trying to understand why.

Need to get in touch?

Contact us