From the home page screen
- Go the Company “Gear” upper right corner
- Select the Chart of Accounts under Settings heading
- Select “Inventory Asset” account
- Double click “ Inventory Asset” and the Asset Register for Inventory Asset will open
- Locate “Inventory Qty Adjust” posted to “Inventory Shrinkage” account to delete
- Double click the transaction line and Delete bar (along with three other options) will open
- Selete “Delete” option
- It will prompt with “Yes” or “No” message
- Choose “Yes” button
- Done.
QuickBooks Online: How to delete posted transaction to Inventory Shrinkage COGS Account