I am using the inventory worksheet to update errors with inventory but the update is not showing on reports

I have an item that has a very large negative value on 01/31/24. On 02/14/24 I used the inventory worksheet to set the value to 0.00. When I look at the item I can see the value has been updated, but when I run reports (Inventory Valuation and Balance Sheet) the value has not been updated.

Rookie Asked on February 16, 2024 in Inventory.
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1 Answer(s)

We use the adjust inventory worksheet to revalue inventory. However, if you use Average Cost as your valuation, it will reset it as well.

Rookie Answered on February 16, 2024.
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