Narellecables
Experienced Cover User
Joined 13 years ago
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Coverted purchase not showing in matching Inventory account
I have converted an open PO to a bill on 01/03/26 and it is not showing in my Inventory account listing. Usually I have a a Debited Purchase listed, then a debited and credited Inventory Count and then later a credited sale against the same Inventory account. But I have one Purchase that is showing a debited and credited Inventory Count but not reflecting the original purchase. I have doubled checked the PO date and it is correct so not sure why it is not showing on the Inventory account transaction listing. Does anyone know how this can happen or what to check/fix it?SolvedClosing/opening balances
Hi All, Is there any way to know why my closing balance on my 2021 FY does not transfer over to become the opening balance on my 2022 FY? I have had to do some adjustments to certain transactions in previous FYs and then reversed them but now my closing and opening balances doe not match up. TIA56Views0likes1CommentItems invoiced generated negative inventory on balance sheet
I am new to MYOB and am looking for suggestions/ experience to help me fix a problem on my balance sheet. I have 2 invoices that have generated a negative figure in the inventory account on my balance sheet. Items had inventory when invoiced. Any suggestions on howe to troubleshoot will be greatly asppreciated.Inventory Item-Current Value Error
I have entered inventory item HD211010170 and 'Current Value' is incorrect. Amount entered is $17,116.86 (309 items @ $55.395369 ea) and Current Value is $23,708.79 I cannot 'Reverse' or 'Delete' the transaction. When I try to reverse or delete the inventory journal I get the following message: 'The deletion of item would leave you with no items on hand, and no zero value in inventory' 'Deletion of this inventory adjustment of item HD211010170 would value your inventory at less than $0.00' When I check the inventory journal entry entries are correct - Quantity 309 Unit Cost $55.394369 Amount $17,116.86. When I check Item Register Amount is $17,116.86 BUT Current Value is $23,708.79. How do I fix this VERY ANNOYING PROBLEM. Inventory jounal and Items Register for the itme attached.170Views0likes2Comments