Forum Discussion

KennyLE's avatar
KennyLE
Contributing User
2 years ago

MYOB allow to show NEGATIVE Inventory Quantity or not ?

Hi,

 

Now we are looking for a software which allow to show NEGATIVE INVENTORY QUANTITY.

 

For example: there are 5 items available in inventory, we create a sales order/ invoice for 7 items ==> the inventory balance will be show -2.

I wonder if MYOB has this function or not? 

 

Thank you

6 Replies

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  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    2 years ago

    Hi KennyLE

     

    Thanks for reaching out. 

     

    I understand there are use cases for a negative inventory value. Unfortunately, the application does not support this. Instead of having a negative inventory, the app asks you if you want to build, buy, or backorder items to produce the inventory. Rest assured we will raise this as a suggestion to the development team.

     

    In the meantime, feel free to post again in the forum if you have any other concerns. 

     

    Cheers, 
    Genreve

  • gavin12345's avatar
    gavin12345
    Ultimate User
    2 years ago

    Hi KennyLE 

     

    You are looking at instructions for a different product. Only v19 Enterprise allowed Negative Inventory. This was a feature specifically excluded by MYOB from the current AccountRight versions. An Enterprise file with this preference switched on cannot be upgraded to AR2023.

     

    Regards

    Gavin

  • gavin12345's avatar
    gavin12345
    Ultimate User
    2 years ago

    Hi KennyLE 

     

    You can download it from here. The product is no longer supported by MYOB and they may not sell you a licence to use it. You may want to check this with MYOB.

     

    Regards

    Gavin

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    2 years ago

    Hi KennyLE

     

    Thanks for posting again. 

     

    It is as gavin12345 has mentioned, the sales team won't be able to sell you a subscription for the V19 Enterprise because it was part of the classic lineup which is now phased out. 

     

    Feel free to reach out if you have any other questions about your current subscription. 

     

    Cheers, 

    Genreve

  • KennyLE's avatar
    KennyLE
    Contributing User
    2 years ago

    Hi Genrve,

     

    Thank you for your reply.

     

    We want to set up the below function "Allow the recording of sales with insufficient on-hand item quantities" and do as the instruction from this link: https://help.myob.com.au/prem19/win/sales_10.008.htm#:~:text=Allow%20negative%20on%2Dhand%20item%20quantities&text=If%20you%20want%2C%20you%20can,hand%20item%20quantity%20and%20value.

     

    but we do not see Allow the Sale of Items with Insufficient On-Hand Quantities option, (it just show the option: "Use standard Cost as th Default Price on Purchase Orders and Bills [System-wide])

     

    Please show me how to set up.

     

    Thank you

     

    Kenny

  • KennyLE's avatar
    KennyLE
    Contributing User
    2 years ago

    Hi Gavin,

     

    My manager wants to use this Negative Inventory function. Please advise me how to install v19 Enterprise.

     

    Thank you very much.

     

    Kenny