Use the form to adjust financially updated receipt transactions. This step is useful if the wrong cost amount was accidentally entered for an inventory receipt.


An inventory profit/loss journal for an item was entered. The cost of the item entered on this transaction was USD 150.00. You discover later that this cost amount is incorrect. The amount entered should have been USD 15.00. On the form, you can select this transaction and correct its cost amount to USD 15.00.

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