Inventory

Question

Good Morning All,I have just taken over as treasurer for a school P&amp;C and we are looking to bring our uniform shop back into MYOB as inventory.&nbsp; My problem is previously (approx 2019/2020) it was running this way but for some unknown reason it was stopped.&nbsp; Nothing has been entered since early 2020 and I can see there we have current stock holdings and values accociated with this stock.&nbsp;&nbsp;I am wanting to know the best way to move forward with regards to getting all our (new) uniforms back into MYOB as inventory.&nbsp; I know I can just create new item numbers for them but I just dont know what to do with the current MYOB stock holdings and values as all of this data would now be very different for the new stock we want to put in.&nbsp; Hope this makes sense.&nbsp; Thanking you in advance.

genreve_s · Answer

Hi kellym884,&nbsp;
&nbsp;
Thank you for your post and welcome to Community Forum.&nbsp;
&nbsp;
Generally, problems with inventory stem from not recording inventory for a certain item at all. In this case, there have been transactions that affect the inventory for this certain item. What I would recommend doing to fix the issue is to make inventory adjustments. We will adjust the value and/or the stock on hand accordingly to make sure the values are accurate.
&nbsp;
If you need further assistance or have any other questions feel free to reply to this thread.&nbsp;
&nbsp;
Cheers.&nbsp;
Genreve

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