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.