Forum Discussion

Leah11's avatar
Leah11
Experienced Cover User
5 years ago
Solved

Creating an item

Another staff member has created a stock item and has used the incorrect account for the "I buy this item" instead of allocationg "5-2700 Purchases" has accidently allocated "5-2500 Opening stock" i ...
  • Neil_M's avatar
    5 years ago

    Hi Leah11 

     

    When you update the accounts on an inventory item, that only impacts future transactions that use that item. Previously recorded transactions will not be impacted by this change. To update previously recorded transactions you would either be looking at deleting and redoing each transaction or recording a journal entry to correct the balances of the accounts