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Although the concept of having negative inventory appears to be ridiculous, it can exist and happen to any business. Yes, you are true when considering how we can sell something that we do not have close by. Surprisingly, negative inventory is a very common occurrence because many people consider running negative inventory as a part of the normal process. In fact, negative inventory should be a flag that there is a larger problem inside the process. So, if you record negative

What is negative inventory? Negative inventory is a condition that inventory count shows that there are less than zero item in stock. This is a common temporary inventory condition that occurs because inventory is closely tracked using computer systems, different accounting methods, etc. mistakes in the process can actually cause a negative inventory balance. You may also like: What cause negative inventory - How can it affect your business? What does it mean to have negativ

Because inventory is closely tracked using computer systems, different accounting methods, etc. mistakes in the process can actually cause a negative inventory balance. Here are several head-aching issues causing the balance on records to go into the red. You may also like: What Cause negative Inventory - How it Affect Your Business? How to Prevent Negative Inventory using Quickbook? Timing First, as new inventory is ordered, the shipment of the inventory may be recorded comp