Inventory value incorrect
Hi, We have identified an error in the current value of one of our stock items. As you can see in the screen shot, the current value was $7,516.39. This is incorrect. The value should be ...
Forum Discussion
Hi, Blair_38
Thanks for your patience.
Please send us a screenshot of the item that is incorrect. To get the needed screenshot, kindly go to Inventory > Item List and then open the incorrect item, as we will need the details for the quantity on hand, the average cost, and the current value. Make sure to remove sensitive information before posting in the Forum.
Best regards,
Doreen
The screen shot has been provided twice previously.
It shows the current value at $7516.39. This is incorrect. It should be $1,617.94.
Hi, Blair_38
Kindly confirm if you are opening the item through the Item Register or through the Item List. We will need you to open the item through Inventory > Item List. A screenshot should show Quality On Hand, Current Value, and Average Cost. The screenshot should look like this as an example:
Best regards,
Doreen
There is currently no stock, so no value.
Prior to the last sale, the value was incorrect.
Hi, Blair_38
The Item register- is to check all transactions that happened on specific item and date range to know what has been added and subtracted.
The Current value of item- is the value of the item from the moment it was made to the current date.
The current item value could be adjusted. To do this, go to Inventory > Adjust inventory > Look for the item > Adjust the current amount and then click Record.
Please let us know how it goes.
Best regards,
Doreen
