Welcome to our Community and congratulations on opening your restaurant! Rgalvis23. I’m here to provide you with some valuable insights on how to track and record food waste efficiently.

First, you can do a negative inventory adjustment of food waste, which involves tracking the amount of food wasted rather than sold. By entering food waste as negative inventory, you can adjust your stock levels accordingly.

Here's how to do it QuickBooks Online (QBO):

1. Click on +New button,
2. Select the Inventory qty adjustment option.
   
   
3. Fill in the necessary information.
4. Choose the PRODUCT/VARIANT and then select the specific food waste.
5. Under CHANGE IN QTY, enter the specific amount of food wasted as negative.
6. Lastly, click Save.
   
   

Refer to this article for more detailed information about adjusting inventory on hand in QBO.

In addition to performing a negative inventory adjustment, you may consider making a journal entry to account for food waste. However, it’s important to consult with your accountant before proceeding, as they can advise you on which accounts will be affected by this entry. 

Alternatively, you can create an expense transaction for food waste, allowing you to record spoilage directly as an expense without adjusting inventory levels. Before proceeding, consult your accountant to determine which accounts should be debited and credited based on your chart of accounts.

If you don't have a ProAdvisor, I can help you find one. Visit this page: https://quickbooks.intuit.com/find-an-accountant/.

In case you have a negative inventory along the way, we can fix this by following the recommended solution in this article: Fix negative inventory issues in QuickBooks Online.

It’s great to see your dedication to managing food waste in your restaurant. Remember that you’re not alone in this journey; our community is here to support you every step of the way. If you have any questions or need assistance, feel free to come back to this thread.