Forum Discussion

MichaelLL's avatar
MichaelLL
Member
3 years ago

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

1 Reply

Replies have been turned off for this discussion
  • Mike_James's avatar
    Mike_James
    Ultimate Cover User
    3 years ago

    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".

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Learn:

 

Level up your skills using MYOB software.

 

Find help guides and technical solutions for all MYOB products here

Explore video tutorials for our software at the MYOB Academy here

 

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.