Hello Team,
I would like to seek your advise and opinion on my query below.
Recently, I found out that the GL balances versus the balance from my "Inventory value report" is not the same after July month end.
further investigation reveals that there are no "closing" done during the July month end.
Would you know if this has an effect to the report? If not, is there other way to check the inconsistency from the postings?
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Hi,
The missing closing in July should not have an influence on variances that you identified because multiple closing closings were executed thereafter.
What difference do you have if you compare the inventory value report balance with your GL balances?
Can this difference be caused by manual postings on the inventory ledger accounts or is there another inventory ledger account that has been overlooked and has not been considered in the reconcilation?
Would be great if you could provide more details on how you identified the variance.
Many thanks and best regards,
Ludwig
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André Arnaud de Cal...
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