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October 29, 2024
Question

Deleting duplicate inventory without adjusting books

  • October 29, 2024
  • 1 reply
  • 0 views

Hey, I realized several of my inventory items are duplicated. When I try to make them inactive, it adjust my profit and loss sheet by messing with the COGS. How can I delete inventory items without affecting my books?

1 reply

October 29, 2024

Hi, @BunkerMunitions. It’s great that you're simplifying inventory management. Handling duplicates can be tricky, so managing them without affecting your reports is essential. I’m here to help you find the best solutions for your needs.

 

When you make an inventory item inactive, it can impact your inventory reports and balance sheet. This is currently the available method to resolve the issue of duplicate inventory items. During this process, I recommend seeking insight from your accountant. They can provide advice tailored to your specific situation. If you don’t have one, you can find an expert here.

 

In case you want to organize your products and services, check out this article for more guidance: Group products and services into different categories.

 

If you’d like to discuss this further, just let me know. I'm here to help you find the best solutions for your business. I wish you all the best as you streamline your inventory management!