Thank you for contacting us about deleting the Inventory Shrinkage account in QuickBooks, usertheproteinlabmal.
Inventory Shrinkage is one of QuickBooks Online's pre-created accounts. It's automatically created once you adjust the quantity on hand on your inventory product.
If you delete or make it inactive, the system will create a new Inventory Shrinkage when you make again an adjustment. That's why we don't recommend deleting this account since QuickBooks uses it to record all the changes or adjustments.
To give more information about managing inventory in QuickBooks Online, check out this article: Inventory management. It tells you how to track inventory with real-time updates and reports.
I'm also adding this article for available reports that will help you see the product cost, the product on hand, and more: Use reports to see your sales and inventory status. It includes video tutorials, including customizing reports to get the data that you need.
Stay in touch with me if you have follow-up questions about deleting the Inventory Shrinkage account. I'll be right here to provide the information that you need.
