Error in inventory reports

Dear Lubos,

Please find the attached screenshot. Kindly note that the quantity in hand and the quantity owned are not matching. How can we resolve this issue? I have marked the purchase entries for your reference.

Read this Inventory items - Quantity columns - Manager Forum

Thanks for the update. We’ll follow the “Acts also as a goods receipt” process for future transactions. We’ve been using this software for more than 8 years. Could you please clarify what the existing posting would be in this context?

The new guides at https://www.manager.io/guides are up to date as far as inventory is concerned including goods receipt process. See for example: https://www.manager.io/guides?inventory-items

The link @Joe91 provided is also very complete. If unsure what to do just create a test business and try it out until it gives the results that you are after.

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I understand the guide regarding the discrepancy between the quantity owned and the quantity on hand in our inventory. While we can follow the update for future entries, how can we reconcile the entries posted over the last eight years? If anyone has a specific solution, please share it directly—no need for basic guidance.