Can I write off expired inventory?

Hello getwellwithgen,

You can certainly adjust the amount of inventory you have on hand, to reflect any items that may have expired. Once you have an accurate idea of your current stock, you can use an Inventory Quantity Adjustment to record any shrinkage that may have occurred.

Please refer to the steps below to perform an Inventory Quantity Adjustment:

1. Select New ⨁.
2. Under Other, select Inventory Qty Adjustment.
3. Enter the Adjustment Date.
4. In the Inventory adjustment account drop-down, select the appropriate account.
5. Select the products in the Product field drop-down. (Note: The description and current quantity on hand will auto-populate.)
6. For each item, enter either a new quantity or a change in quantity.
7. (Optional) In the Memo field, enter the details about the adjustment.
8. Select Save.

For more information, please refer to this article: Adjust inventory quantity on hand in QuickBooks Online

I hope this helps.

Ken