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ReganB

Unable to remove the last inventory items

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Hi,

I'm trying to remove the last 2 items of a inventory stock item. When I try to post, I get this message "The full value of stock must be credited when all stock is being removed."

In the Inventory Adjustments & Transfers moduel, I didn't change the amount under the Unit Cost ( $ 20.79) or Amount ($ - 41.58) columns. 

In the Inventory & Services module for this item, the Quantity shows 2 and Total Value is $ 41.58. 

Any advise? 

Thanks

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    I don't know if it will help in this case, but I've found that inventory problems can sometimes be solved by first increasing the amount or $ value of the inventory (using inventory adjustments), then recording the transactions to zero the inventory, and then doing a general journal entry to tidy up anything that got loused up the inventory adjustment.

    For example, you could try using inventory adjustment to increase the $ value of inventory by $0.42 to $42.00 ($21/unit), then remove the last 2 units, and then (if you figure it's worth it) do an adjusting entry to reverse the journal entry created by the $0.42 inventory adjustment.

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  • 0

    I don't know if it will help in this case, but I've found that inventory problems can sometimes be solved by first increasing the amount or $ value of the inventory (using inventory adjustments), then recording the transactions to zero the inventory, and then doing a general journal entry to tidy up anything that got loused up the inventory adjustment.

    For example, you could try using inventory adjustment to increase the $ value of inventory by $0.42 to $42.00 ($21/unit), then remove the last 2 units, and then (if you figure it's worth it) do an adjusting entry to reverse the journal entry created by the $0.42 inventory adjustment.

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