After doing a physical inventory, you realize that many inventory items need to be adjusted.

What is the most efficient way to adjust them?

Edit each item and adjust the starting value

Select + New and then Batch enter inventory quantities

Select the items on the Products and Services list and select Adjust quantity under Batch actions

Use the Reclassify transactions tool and select Inventory quantity adjustment on the Type dropdown

Edit each item and adjust the quantity

When recording inventory being donated, why shouldn’t you use an inventory quantity adjustment?

Because an inventory quantity adjustment must be posted to Inventory Shrinkage

Because an inventory quantity adjustment can’t be assigned a class or location

Because an inventory quantity adjustment can’t be assigned a date

Because an inventory quantity adjustment doesn’t allow you to enter the name of the customer

Because and inventory quantity Adjustment never has a value

Your client, Richards River Rafting, insists on doing all the QuickBooks Online entries himself, but with some guidance from you. In fact, he has not even given you access to his QuickBooks Online company. You have asked him to post any transactions he is unsure how to categorize to his Ask My Accountant account and send you a weekly Excel spreadsheet.

What is Richards’ best option for sending you the Ask My Accountant report from QuickBooks Online?

Create the report > Set recurrence to weekly > Select the email icon > Send as an Excel file

Create the report > Save customization > Edit > Set email schedule > Set recurrence to weekly > Enter email information > Select Attach the report as an Excel file

Create the report > Set recurrence to weekly > Export to Excel > Create an email > Attach the downloaded Excel file

Create the report > Save customization > Export to Excel > Create an email > Attach the downloaded Excel file