How do I remove an item from Inventory?

You may find times where your current unsold inventory does not match what's shown in Seller Ledger. This may be be due to items being lost, damaged, or other reasons.

If you need to remove an item from your inventory for this reason, simply go to the "In Stock" tab under "Inventory" and click the "Remove stock" button:

From there, you will be presented with a pop-up to select the item from your inventory to remove and the quantity to remove:

From an accounting perspective, the removal of these items for the reasons described above (often called "shrinkage" in inventory terms) counts as an increase to your cost of goods sold, So not only will Seller Ledger reduce the amount of these items in your inventory, but we'll also update your cost of goods sold for tax purposes.