Huge negative inventory value

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Contributing Cover User FrankieC
7 Posts
Contributing Cover User
New Zealand
FrankieC
Contributing Cover User

7Posts

0Kudos

0Solutions

Huge negative inventory value

Hi there,

 

Is there anyone has the experience of the negative inventory value with positive quantitive on hand? I reckoned could be the problem incorrectly adjusted the value before, and I roll back to the earliest date of the data, but the value was already negative (please see the attached screenshot). 

 

I plan to adjust the inventory back to correct, but I doubt that if I allocat the adjusted amount (which would be a huge number) to any account, it could also generate problem to my financial report? 

 

Can anyone help me out of this problem, becasue there are some items have this problem.

 

Many thanks

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2 REPLIES
MYOB Staff Post RienaP
1,658 Posts
MYOB Staff Post
New Zealand
RienaP
MYOB Staff Post

1658Posts

178Kudos

241Solutions

Re: Huge negative inventory value

Hi @FrankieC,

 

Following up on our conversation there are a couple of things we worked around and I have provided Help articles:

 

Also can you please confirm if you are getting a negative value for all the inventory items or just a few?

 

Let us know how you go as we are looking forward to resolving this problem that you are encountering. Smiley Happy


Regards,
Riena
MYOB Training Specialist

Contributing Cover User FrankieC
7 Posts
Contributing Cover User
New Zealand
FrankieC
Contributing Cover User

7Posts

0Kudos

0Solutions

Re: Huge negative inventory value

Hi Riena,

 

Happy new year! Sorry for the late reply, I have backed from holiday last week.

Thanks for your help, I've tried to adjust the inventory, I could fix some of the items, but I can not

fix some items with huge number with it, and each time when I adjust it, the current value did not

fixed, instead the current value is keep increasing. I don't have any clue what is problem.

I saw some other post which mentioned that the MYOB team could have a look at the company file and

correct it, is that possible way to fix my problem? 

 

Regards,

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