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How to Delete, Edit and Adjust Inventory in QuickBooks
Solved: Delete Inventory Adjustment
We just recently upgraded to QB Desktop Pro I accidentally entered an inventory adjustment twice. Is there a way to delete the duplicate entry or do I just have to do a reversing entry? I would prefer to delete rather than have the extra entries possibly cause more confusion. I have searched the web and the QB community but all of the solutions don't seem to work for my version. Many thanks on a solution.
Go to Solution. For now, we're unable to delete an inventory adjustment in QBDT. As a workaround, you'll want to create a new adjustment to offset the duplicate entry. Then, you can add a memo to avoid confusion.
Once done, you can take a look at your Inventory Valuation Detail report to make sure they are now correct. View solution in original post. QuickBooks updates inventory quantities and values when you track all the purchases and sales, JeanLutzNA. There are times we need to deal with our inventory adjustment by deleting them instead of reversing. Let me guide you with the steps.
Select Quick Reports. Click on All Tab and then choose the date range. Right-click on the entry next to the product entry which you want to delete. Choose Delete.
You can also use the Balance Sheet and Inventory Valuation reports to find all transactions causing discrepancies. Thank you for the response however these are the same directions I have tried to no avail. After logging in I don't see anything that says New. I have entered the Item List and found the inventory part. When I launch Quick Reports I see the transaction I want to delete however when I right click on the line all I get is the properties of the report font, size, etc.
What step am I missing? This is not helpful at all. These steps do not take me to a list of inventory adjustments that were made and I still do not see a way to delete them. I'll provide the two options to help achieve your goal, may I'll guide you how. The screenshot below shows you the last step. You can also run reports to view your sales, cost of goods, and inventory status in QBO. In the meantime, I recommend going to the Help menu and select New Features.
Then, choose either of the two options from the list see the screenshot below. This way, you can keep track of our product innovations. Lastly, you can run the Inventory Valuation Summary report to ensure your inventory status is correct.
Click the Reply button below if you have other concerns. The Community and I will be around to lend a helping hand. Have the inventory adjustment you want to delete open. I've been using QB Desktop for many years and there is a very simple step to remove your duplicate "Inventory Adjustment" entry. Go to the date you made the adjustment and select the line item you don't need to open the entry , right click and delete the entry.
This will remove your inventory adjustment. As another pointed out, while viewing the adjustment record opened, Edit menu also shows Ctrl-D shortcut Delete adjustment. Hello, I made a mistake and double uploaded all my products and services.. I then made the duplicates inactive to remove them but now the value shows inventory shrinkage. I'd like to share some solutions to help resolve your concern.
If you still have the backup copy prior importing the inventory items, then you'll want to restore it. I've got this article for the instructions: Restore a backup of your company file. Otherwise, you need to zero out the inventory shrinkage account by creating a journal entry. I'd recommend consulting with your accountant before doing the process.
This is to ensure that your reports are accurate. I'm also adding this article if you have other issues with inventory in QuickBooks Desktop: Fix negative inventory issues in QuickBooks Desktop. If you need more help with QuickBooks Desktop, please let me know in the comments below. Take care! Hello, cube. I'm happy to see that one of my colleagues was able to help you in an efficient and timely manner. Feel free to post your concern in the Community if you have further questions.
Thank you and have a great day. This answer needs to be first on the list. I just spent way too long fighting with adjusting an inventory adjustment which never worked when all I really wanted to do was delete it in the first place. Since Community is a public space and this requires pulling your account. I encourage reaching out to our Support care team. This way, a representative can review your account and help you further with this. To make sure you'll get prioritize to your concern, please check the availability time of or customer support team.
Also, phone support may be limited due to volume. If you need some references in the future, you can also check out our site: Help articles for QuickBooks Desktop.
Keep me posted on how the contact goes or if there's anything else you need. I'm always around to help you out. Stay safe! By clicking "Continue", you will leave the community and be taken to that site instead. Enter a search word. Turn off suggestions. Enter a user name or rank. Turn on suggestions. Showing results for. Search instead for. Did you mean:.
Connect with and learn from others in the QuickBooks Community. Join now. Level 1. Labels: QuickBooks Desktop. Reply Join the conversation. Best answer June 23, Best Answers. QuickBooks Team. Here's how: Go to the Vendors menu. Fill in the necessary information. The QTY Difference should be negative if you're decreasing the quantity. Otherwise, it should be positive if it's an increase.
Enter a note in the Memo field. Go to Reports and then Inventory. Select the Inventory Valuation Detail report. Look for the items you adjusted and make sure everything is correct. Do let us know if you have any further questions.
I'm always here to help. Take care. Select The Particular Item to be Deleted. In case you need to delete several adjusted inventories, you can follow the same steps and delete multiple inventories at once. To save your preferences and your inventory adjustments, click Save. Fill me in if there's anything else you'd like us to help with.
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