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Negative stock

If you post a transaction involving inventoried items and if there is insufficient stock on hand to fulfil the transaction’s stock requirements, the stock on hand for the item will become negative, and the following will apply:

  • The value of the negative stock will be based on the current average value (or the buy price, if the stock level started at zero).
  • When the stock is replaced, the transaction that replenishes the stock will also automatically adjust the cost (and stock valuation) for the out of stock items if the replacement price is different from the value used when they went out of stock.

The result is that when you once again hold non-negative values of the item, the correct accounting entries have been made by MoneyWorks.

Note:  You can control who can put inventory into negative stock with a script.

Posting stock transactions with Enable Job Costing & Time Billing Stock Valuation