QuickBooks stock entries

QuickBooks stock entries

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Dear QuickBooks gurus,

Please see this image, which is the "journal" report for a purchase (accounts payable) invoice.

http://www.topaccountants.com/storage/QBinventoryjournal.PNG

The gross payable is £98.45. That should be the end of the story - but QB has created an entry of 54p between Stock Asset and Cost of Goods Sold.

Can anyone explain what this 54p is all about?

Thanks,

Adrian

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