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Income statement Inventory adjustment negative value
Hi,
When we migrate legacy system to NS, our service provider import Inventory Adjustment for Open Balance.
Recently, when we review the Income statement we found the Inventory Adjustment is in negative amount.
Result make the cost of good sold calculated incorrectly.
May I know what should I check to correct this?
Further question, all our Purchase cost are default to "Cost of Goods Sold" would it be possible to set it to sub account of Cost of Goods Sold? If yes, how can I do that?
Thanks in advance.
Regards, kf
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