The Negative inventory setting under Settings > Optional Modules enables your stock quantities to dip into the negative when items are oversold or oversent on transfers and vendor returns. If enabled, the setting also adds the Negative inventory report to your account. The purpose of this report is to list all of the items in your Retail account that currently have a negative quantity on hand and the negative inventory adjustments that lead them there. You can periodically run the report (e.g. daily, monthly, etc.) and analyze the helpful data it contains to:

• Identify the reasons why your items have negative inventory
• Correct the negative quantity on hand of your items
• Maintain the most accurate inventory possible

To enable the Negative inventory setting and report:

1. From the main menu, click Settings > Optional Modules.
2. Enable the Negative inventory switch.
3. Click Save Changes.
4. To activate this setting, you and all employees currently signed in must sign out and sign back in again.

What's next?

• Causes of negative inventory

• Understanding the Control Cost setting

• Understanding the Items with negative stock report

• Overview of correcting negative inventory

  • Correcting negative inventory caused by in-store sales

  • Correcting negative inventory caused by online sales

  • Correcting negative inventory caused by transfers

  • Correcting negative inventory caused by vendor returns

• Reordering items with negative inventory

• Doing inventory counts with negative inventory

• Fulfilling backorders with negative inventory

• Disabling negative inventory