Document Loss on Inventory

FAQ: Document Loss on Inventory

If inventory documents are lost or damaged, you can record the loss as an expense to keep your books accurate.

How to Set It Up:

1. Go to Accounting > Chart of Accounts.

2. Click New Account.

3. Enter a name (e.g., Inventory Loss).

4. Set the Account Type to Expense.

5. Click Save.

📌 Tip: Use a clear name so it’s easy to track later.