How to reconcile Negative inventory account????

Hi all,
I have an issue here, where due to some reason, we had to allow the negative quantity and allow release of items. Now this account has some outstanding amount. While using the excise tax code with the combination of CST2%, the system is posting the tax amount of CST into Negative Inventory Adjustment account.
In case where i want this Negative Inventory account to be adjusted, do i need to pass a manual JE where i would debit the CST account with the same amount and Credit the Negative inventory adjustment account?? Please give suggestions.
Thanks in advance,
Joseph

Hi Joseph,
Check the following thread
Negative Inventory Account
Negative Inventory
Regards
Jambulingam.P

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How to reconcile Negative inventory account????

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