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...
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
9 months ago

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

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