Balance Sheet with negative number on Inventory Asset
My Balance Sheet shows a negative number on Current Assets and I just realized that QB POS is transfering to QB my sales mixed with the inventory. Please can someone help. Thanks
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d3zznyvgSr4yUOacwZ5xHE
02/10/12 9:14pm PST
Viewed by asker 02/15/12 6:49am PST
Viewed by asker 02/15/12 6:49am PST
1 Reply
EricPOS
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02/13/12 9:32am PST
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POS will send credits (decreases an asset) to QB Inventory Asset account when items are sold; this is normal. The question is was your inventory asset increased when you added your inventory? These two events should offset each other and track the value of your inventory.
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