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MichaelLL's avatar
MichaelLL
Member
3 years ago

Inventory Adjustment

I have recorded Inventory adjustments to reduce inventory.  I have selected COGS for the debit entry.   There have been entries to Stock on Hand Finished Goods from my inventory journal, but I can'...
Mike_James's avatar
Mike_James
Ultimate Cover User
3 years ago

Hi MichaelLL , every inventory journal line will create another transaction line using the inventory asset account held against the item. This happens "behind the scenes".

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