Inventory adjustments in QuickBooks can sometimes go wrong maybe it was a data entry mistake, a wrong quantity, or an incorrect valuation When that happens, you might need to delete inventory adjustment in QuickBooks to keep your records clean and accurate
Easily Delete Inventory Adjustment in QuickBooks with step-by-step instructions and expert support at +1(866)500-0076
In this article, we’ll walk you through how to delete inventory adjustment in QuickBooks, when you should do it, and how to avoid common pitfalls If you need expert help, don’t hesitate to call our QuickBooks support team at +1(866)500-0076
What is an Inventory Adjustment in QuickBooks?
An inventory adjustment is a manual change you make to your inventory levels to reflect discrepancies like:
● Damaged or lost goods
● Miscounts
● Supplier errors
● Returns
While adjustments help keep your stock accurate, entering them incorrectly can affect your profit margins, financial statements, and inventory tracking.
Why You Might Need to Delete an Inventory Adjustment
Here are some common reasons to delete inventory adjustment in QuickBooks:
● Wrong quantity or item selected
● Incorrect adjustment account
● Duplicate adjustments
● Mistake in date or memo field
Deleting the wrong adjustment ensures your stock value remains accurate, helping you make better business decisions.
How to Delete Inventory Adjustment in QuickBooks
(Step-by-Step Guide)
Whether you use QuickBooks Desktop or QuickBooks Online, the process is quite simple
For QuickBooks Desktop Users
1. Open QuickBooks Desktop and go to the Inventory menu.
2 Click on Inventory Activities > Adjust Quantity/Value on Hand
3. In the adjustment window, click on Find (or press Ctrl + F).
4. Search for the inventory adjustment you want to delete by:
Date
Item Name
Reference Number
5. Once located, double-click the transaction to open it.
6 Click Edit > Delete Inventory Adjustment
7 Confirm the deletion when prompted
Tip: Always review the adjustment carefully before deleting to avoid impacting your inventory history
For QuickBooks Online Users
1. Go to the Gear Icon > Chart of Accounts.
2 Find and select the Inventory Asset account
3 Filter the transactions by Inventory Quantity Adjustment
4. Click on the adjustment you want to delete.
5. In the detail window, click More > Delete at the bottom.
Confirm the deletion
Things to Keep in Mind Before Deleting
Before you delete an inventory adjustment, remember:
● Deleting affects inventory valuation reports
● You may lose audit history for that adjustment
● Make a backup of your company file in QuickBooks Desktop
● Export a copy of your transaction list for reference
Pro Tip: Use the Audit Log
If you accidentally deleted the wrong adjustment or want to verify changes:
● QuickBooks Online: Go to Settings > Audit Log
● QuickBooks Desktop: Use the Audit Trail Report
This helps maintain internal controls and traceability
Alternative to Deletion: Edit the Adjustment
Instead of deleting, sometimes editing the adjustment is a better option:
● Open the adjustment transaction
● Correct the item, date, or quantity
● Save and close
Editing allows you to retain the adjustment in your audit trail while fixing the error
Final Thoughts
Keeping your inventory clean is crucial to running a smooth business Whether you're fixing a small mistake or a major inventory error, knowing how to delete inventory adjustment in QuickBooks is a skill every business owner should have
For real-time assistance, reach out to our certified QuickBooks experts at +1(866)500-0076. We’re just one call away!
FAQs – Delete Inventory Adjustment in QuickBooks
Can I undo an inventory adjustment in QuickBooks?
You can't "undo" per se, but you can delete or edit the adjustment manually Always double-check before deleting.
Does deleting an inventory adjustment affect reports?
Yes, it impacts your inventory valuation, COGS, and stock reports. Use with caution.
What happens if I delete the wrong adjustment?
If you've made a mistake, check your Audit Log (QBO) or Audit Trail Report (Desktop) to trace it and re-enter correctly
Should I back up before deleting inventory adjustments?
Absolutely In QuickBooks Desktop, create a company file backup before major changes
Is there a limit to how many adjustments I can delete?
No limit exists, but excessive deletions can confuse your audit trail. Always document your changes
