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Updated Asset Account on inventory item doesn't get updated with value.

edited Jun 2, 2025 2:50PM in Ask A Guru 10 comments

Hi,

We updated the asset account on some of our items with a newly created account. For example the one that was there before was a 1200 Inventory Account and we created a sub-account 1210 under 1200 and assigned it to some of our inventory items.

What we expected was to get the values of those inventory moved to the new account but it has not.

We have checked the Inventory checkbox on this Other Current Asset type account.

Any help with this regard is appreciated!!

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