Hi Princess_R,
My accountant advised to contact MYOB. From what I can gather is that we have used more stock than what we have. Which is incorrect as we still have stock. Therefore, shouldn't the value on the balance sheet be a positive? Or am I looking at it wrong. Is it showing how I'm reducing the amount of stock on hand value?
Hi Spex , it's very important that inventory is set up correctly at the start, so that subsequent transactions are recorded correctly. Your best option is to engage an MYOB partner with appropriate experience, who can review your file with you and make whatever adjustments are required.
