journals not applying credits to inventory account
I have been trying to correct the way that the cost of shipping was applied to a purchase order. It was applied by unit, but I wanted it applied by weight. I thought to do journals right in the PO, but the system would not let me put my inventory account into the credit field.
I next tried an inventory transfer A to B and then B to A to apply my journals. This worked - in that it allowed me to enter the inventory account into my credit field. However, when I look at the values of the items in the financial tab, or when I look at the cost per item in my product availability window, it is clear that only the debit applied but not the credit.
So this begs the question, how do I reduce the cost of my inventory with an inventory account credit?
I have added some screenshots.
1- not able to input inventory account into credit screen, this was during the purchase process (I thought to credit $x per unit, and then debit $x by weight and that would have finished the problem in one step).
2- transfer to out of inventory to credit the inventory value and reduce its cost
3- transfer inventory back into correct location to debit it for correct shipping cost and add small amount of cost. You can see that, even though item 2 above occurred first, the inventory is valued the same at this point as it was at step 2. The credit did not change its valuation.