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...
Forum Discussion
Hi AHJS , what qty/value does the item information screen show? The item register display is not always reliable.
Hi Mike
The item says N/A for current value and average cost.
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
