Forum Discussion

AHJS's avatar
AHJS
Experienced Cover User
9 months ago

Negative Inventory Values: AccountRight

Hello

 

After a fix for negative inventory "current value".  We have 16 on hand of an item and its showing a current value of -$457.28.  I need to write off 16 of the item (as there is 0 physically on hand) and I cant do an inventory adjustment with a negative current value.  The problem is not isolated to the one inventory item.  

 

AccountRight Plus 2024.2.0  Build 2024.2.1.3

 

TIA

AJHS

  • Mike_James's avatar
    Mike_James
    Ultimate Cover User

    Hi AHJS , what qty/value does the item information screen show? The item register display is not always reliable.

    • AHJS's avatar
      AHJS
      Experienced Cover User

      Hi Mike

       

      The item says N/A for current value and average cost.

      • gavin12345's avatar
        gavin12345
        Ultimate User

        Hi AHJS 

         

        There is no technical reason why you can't adjust onhand down and value up. Generate a Inventory Value Report using 30 June 9998 to get the current on hand quantity and value. Use these as basis for Inventory adjustment journal. If it fails attach screenshot showing your IAJ and IVR as well as message from MYOB.

         

        Typically N/A appears when there is a value but quantity is 0.

         

        Regards

        Gavin