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deb2025's avatar
deb2025
Member
9 months ago
Solved

Inventory report showing $0 when item on hand

Hi,  I am trying to get a more accurate inventory value but there are some items we have stock on hand with a standard cost amount entered in the item entry, that show as a $0 value on the inventor...
  • Shella_A's avatar
    Shella_A
    8 months ago

    Hi deb2025,

     

    I appreciate the screenshot you've shared! If you add an inventory item, make sure you enter both the quantity and the cost/price. If the quantity is zero, the system can't assign a value to the inventory, so your report might show zero inventory value. You can fix this with an inventory adjustment. Check out the process here.

     

     

    Cheers,

    Shella

Shella_A's avatar
Shella_A
MYOB Moderator
8 months ago

Hi deb2025,

 

I appreciate the screenshot you've shared! If you add an inventory item, make sure you enter both the quantity and the cost/price. If the quantity is zero, the system can't assign a value to the inventory, so your report might show zero inventory value. You can fix this with an inventory adjustment. Check out the process here.

 

 

Cheers,

Shella

deb2025's avatar
deb2025
Member
8 months ago

Hi Shella, 

Thank you. Doing the inventory adjustment has worked. I thought I had tried that already with no result but it's now got the correct amount in the report. 

 

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