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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Historical Stock Statu...
Microsoft Dynamics GP (Archived)

Historical Stock Status Report with Average Cost as Valuation Method - Version 9

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Posted on by Sharon Paul

Does anyone have any clue how we can come up with an accurate historical stock status report - ANY WAY ... for version 9 (we can even convert the data to 10-2010 if need be - but don't think that will work either)... that ties to the GL when you use an AVERAGE COST method of valuing your inventory?  Why doesn't the historical stock status work? :(

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    Community Member on at

    Hello Sharon

    As a rule when using average costing your historical stock status report will not match your GL control account because goods are being added to the GL control account at purchase cost and are being removed when sold at current (average) cost.  This causes a difference between the report valuation and the GL control account balance should the standard (average) cost differ from the purchase price.

    This said there is no way that I have been able to discover yet of reconciling this difference.  I also would appreciate any other suggested solution to this problem.

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    Community Member on at

    Sharon,

    If the upgrade is an option, you can use the inventory reset tool introduced with GP 10.0 SP2 to tie your inventory module to your control accounts in GL and activate the Historical Invantory Trial Balance that could be used to match GL.

    Worth to mention that reconcile to GL functionality for inventory is scheduled to be released in GP 2012.

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