62
 
New Member

Inventory amounts doubled

QuickBooks Pro for Windows: 2009
10/9/09 11:01 AM,   Viewed by asker 11/16/09 1:55 PM
Total Views: 56

I followed the instructions on entering existing inventory to Quickbooks but my Quicken that was transfered over already had the dollar amounts. Now I have double the dollar amount. How can I fix it?

 
 
Subscribe RSS
 
 
All Replies:  Answers (2)  
Advanced Certified ProAdvisor
 
Rating 0

Answer

11/5/09 3:39 AM

Do an inventory adjustment, adjusting the quantity and value adjustment as of a specific date.

Use the Quicken related account as the adjusting account.

Laura D

When in doubt, make a backup first!!

*****

Cents-able Bookkeeping, LLC

www.centsablebookkeeping.com


http://proadvisor.intuit.com/r...
 
 
 
Advanced Certified ProAdvisor
 
Rating 0

Answer

11/5/09 3:40 AM

Oops - I see you are using Point of Sale. . .??

If that is the case, why are you tracking inventory in QuickBooks?

Laura D

When in doubt, make a backup first!!

*****

Cents-able Bookkeeping, LLC

www.centsablebookkeeping.com


http://proadvisor.intuit.com/r...
 
 
 
 
 
Subscribe RSS
© 2009 Intuit, Inc. All rights reserved. Intuit and QuickBooks are registered trademarks of Intuit, Inc.
Terms and conditions, features, support, pricing and service options subject to change without notice.