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Points need to consider before Fixing Negative Inventory Issues in QuickBooks

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James Ryter

The temporary inventory state develops as a result of the careful tracking of inventory utilizing various accounting techniques, computer systems, etc. A negative inventory balance can genuinely result from process errors. In this article, we have discussed about QuickBooks negative inventory and how a user can fix negative inventory issues in QuickBooks desktop. Thus, keep reading.


It is pertinent that you take the following points in due consideration before embarking on the troubleshooting process.


•       Back up company files without interfering with previous backups. Make sure your backup is saved in a secure place.

•       A new data file is a preferable option to start with a negative inventory because it is a tedious and a risk involving process.

•       You can quickly examine the proper numbers when the inventory reports are inaccurate, for example, when the average cost is absent, by convincing them that recent dated transactions are credit card, set on hand Qty/value, check, bill, etc. Here are the actions:

o  Locate the ‘’reports’’ menu and then hit on ‘’inventory.’’

o  Hit on ‘’inventory Valuation summary’’ afterward.

o  QuickZoom and perform the double item displaying inaccurate values. The entire details of the transaction related to the item will appear.

o  View the initial bill displayed to ‘’run the bills’’ window.

o  Modify the bill date to prior the starting invoice appear on the report.

o  Hit on ‘’Save & close’’ if you want to record the bill with a recent date.

o  Verify the incorrect item and modify it.

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James Ryter
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