No, you are entering a negative (opposite) "Purchase Withdrawn for Personal Use". While you and your business are essentially the same things when you report as a disregarded entity (Schedule C), the business still needs to "buy" the items in order to resell them. It will not raise a red flag because it will be a large "purchase" from yourself and you are only expensing what you actually sold in 2022 when you enter your ending inventory value.
@Biographics162
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