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July 7, 2024
Question

Define damage item

  • July 7, 2024
  • 1 reply
  • 0 views

Hello,

I've added 20 units of item A to the inventory, each costing $1. Out of these 20 units, 3 were damaged. Could you please advise on how to enter this into QuickBooks? I need to show 17 units in stock and reflect the $3 cost in a report.

Thank you.

1 reply

July 8, 2024

Hi FAHIMEJ,

 

Welcome to the Community. QuickBooks is a flexible accounting program that enables you to get your work done faster. I'll be happy to guide you in the right direction so you can achieve your QuickBooks goals with ease. 

 

Entering your transactions the right way is essential for ensuring your books remain accurate. That said, I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. I'm here to steer you in the right direction.