Question from a client:Why are POS inventory adjustments classified as an EXPENSE?
Answer from Will English: That is by default. You can change the account where it posts by going to Company Preferences and Accounts under the Financial Section. You can also change the POS adjustment account to a COGS account in QBF if you wish and it will maintain the connection. One thing to consider is that if you have a negative expense that means you are receiving incorrectly.
