Time for a Reality Check
After you make your count, what happens if your inventory figures differ from those QuickBooks has? First, you have to decide who’s right: you or a computer program. You’re right, probably. Products get dropped. They break. And that means that you have to adjust the QuickBooks inventory numbers.
Choose Vendors⇒Inventory Activities⇒Adjust Quantity/Value on Hand. Or click the Adjust Quantity on Hand icon in the Company section of the Home screen. The Adjust Quantity/Value on Hand window appears, as shown in Figure 7-8.
The first thing to ...