Forum Discussion

Narellecables's avatar
Narellecables
Experienced Cover User
2 years ago

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.

2 Replies

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 years ago

    Hi Narellecables,

    Thank you for your thorough post, and I apologize for the delayed response. I've sent you a private message to collect additional information that will assist us in resolving this issue. Please check your inbox.

    Looking forward to hearing from you soon!
    Regards,
    Earl

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 years ago

    Hi Narellecables,

    I would like to check if your still having this issue? If so, I've sent you a private message to gather more information that will help us on resolving this issue. Kindly check your inbox.

    Looking forward to your response.
    Regards,
    Earl