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Thread: Delete old Inventory Items with non-zero balances?

  1. #1
    Bronze Member michellepace's Avatar
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    Question Delete old Inventory Items with non-zero balances?

    Hi there,

    We do not track inventory in our company. However, we do create purchase orders and supplier invoices using "purchase code 4" for our own reporting purposes (rather than GL code 6). We have just run our year end function. I was under the impression that all my inventory counts would automatically be set to zero for my new accounting year. And then I would be able to delete all my old inventory items such as the below. Where we last used this code in 2016!

    Question:
    How do I manually set my inventory count for a particular inventory item to ZERO so I can go ahead and delete it?

    Click image for larger version. 

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    Thanks again
    Mciehlle

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    Diamond Member Neville Bailey's Avatar
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    Hi Michelle,

    Even if your inventory items have a zero balance, if there is transaction history you cannot delete the items.

    If you purge document history prior to the Last Year, and you have had no transaction history for the past two years, then you will be able to delete inventory items.
    Neville Bailey - Pastel Accounting Consultant
    neville@accountingsoftwaresupport.co.za
    www.accountingsoftwaresupport.co.za
    IronTree Online Solutions

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

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