Forum Discussion

MaduSS's avatar
MaduSS
11 months ago

Inventory Adjustment

Hi Team,   Could you let us know the double entry that passes in MYOB when an inventory adjustment is made. We're only able to see the account mentioned in the inventory adjustment being debited or...
  • Princess_R's avatar
    Princess_R
    11 months ago

    Hi MaduSS,

     

    Thank you for your post.

     

    If you're using an AccountRight product, I recommend recapping the transaction to double-check where the debit and credit entries are posted. Please note that recapping transactions may not be available in the browser version. However, the debit entry for inventory adjustments is usually posted to an asset account. Please review your accounts related to inventory or assets to find the corresponding debit entry.

     

    Please let me know if you require further assistance.

     

    If my response has answered your question, please click on "Accept as Solution" to help other users find this information.

     

    Cheers,

    Princess

Princess_R's avatar
Princess_R
MYOB Moderator
11 months ago

Hi MaduSS,

 

Thank you for your post.

 

If you're using an AccountRight product, I recommend recapping the transaction to double-check where the debit and credit entries are posted. Please note that recapping transactions may not be available in the browser version. However, the debit entry for inventory adjustments is usually posted to an asset account. Please review your accounts related to inventory or assets to find the corresponding debit entry.

 

Please let me know if you require further assistance.

 

If my response has answered your question, please click on "Accept as Solution" to help other users find this information.

 

Cheers,

Princess

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.