Leah11
6 years agoExperienced Cover User
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 ...
- 6 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