Inventory Adjustment

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MichaelLL
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Inventory Adjustment

I have recorded Inventory adjustments to reduce inventory.  I have selected COGS for the debit entry.

 

There have been entries to Stock on Hand Finished Goods from my inventory journal, but I can't see them on my journal..  Can someone advise how these are generated from the inventory adjustment?

Thanks

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Mike_James
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Re: Inventory Adjustment

Hi @MichaelLL , every inventory journal line will create another transaction line using the inventory asset account held against the item. This happens "behind the scenes".


Regards, Mike (mike@datawise.co.nz)
DataWise Limited (www.datawise.co.nz), developers of:
DataWise ProActive - Custom Reporting from MYOB programs
(MYOB Business, including AccountRight Live, AccountRight v19.x and exo Payroll)

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