Advertise here    

QuickBooks Forums      

Go Back   QuickBooks Forums > QuickBooks Software Support > QuickBooks Enterprise Edition Forum

Thread Tools Rate Thread Display Modes
Old 09-25-2017, 02:24 PM
ButElec ButElec is offline
Registered User
Join Date: Sep 2017
Posts: 1
Changing transaction that has already been deposited

Hello, we are on Quickbooks Enterprise 15.0. We had an inventory item that we purchase by the reel (250 ft) and sell by the foot. Unfortunately it was purchased at the reel price, and sold under the same item number by the foot, so we ended up incorrectly showing a huge loss on it on our profit/loss report. I have tried changing the cost of the item, deleting the sales receipt and making a new one, as well as deleting and making a new deposit. No matter what I do, it still factors the cost of the item at the reel price for the purposes of our report. If this is unclear, please let me know and I will try to explain more clearly. We are trying to figure out how to go back and make changes to this so that our report will be accurate. Thank you!
Reply With Quote
Old 09-26-2017, 06:13 AM
Rustler Rustler is offline
Registered User
Join Date: Feb 2008
Location: Texas - The Republic
Posts: 2,410
As I understand this you bought a 250ft reel and on the purchase said there was a qty of one, when it should have been a qty of 250

If that is the case bring up the purchase, edit it and change the qty for the item to 250, be sure that the total cost does not change and save, click through the warning about payments being applied.

Check the P&L
Reply With Quote

Bookmark and Share
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is On

Forum Jump

All times are GMT -5. The time now is 04:52 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
All contents copyright (c) by AccountingUsers Inc.