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Are there a reports available for the following: Counting variance and count reconciliation?

You can run a report before and /or after. Use the inventory value report. Print cumulative accounting values for comparison for the relevant inventory account /total account to reconcile.

Get the value of inventory before performing an inventory count as a baseline to compare with your counting journals an d to thereby also assess the accuracy of your inventory before a count. The inventory value report gives you the value of inventory that is specified on the to date and the from date will not change your actual results *unless you want to see opening balances or to view transactions). set the from and to dates to be the same so that the report will take less time to populate. Configure the report to use these columns: Physical qty posted + financial qty posted + physical qty not posted.

To reconcile physical inventory values with GL balances. Compare the financial value with the GL inventory accounts, and physical value with un-invoiced inventory accounts. I.E. If you have separate accounts for picking lists and issues – compare the physical value with whatever account picking lists are being posted to, and the financial value with whatever account the issues and receipts are posted.

The report gives the value of the inventory at the end of the day specified – so this should be reconciled with end of day trial balances for the same date..

Do not include physical amount not posted for reconciling with accounts.

Print the inventory accounts at the bottom of your report then you will not need to go to the GL module and print out a trial balance, and everything is in this report.

Reconcile each resource group separately.

When you have issues with reconciliation then use this report together with the Potential Conflicts report. But to make this usable and not run for ever to hundreds of pages, you really need to set up posting types in your COA. Run this by week in the period you are trying to reconcile, so that you have a smaller data set and can see clearly when the problem started-if need be you can go deeper and run it daily.

The General ledger entries that are created by the posting of the counting journal are based on the accounts that are selected in Inventory and

warehouse management > Setup > Posting > Posting.

To view the transactions that are associated with the posting of a counting journal, :

1. Open Inventory and warehouse management > Journals > Item counting > Counting.

2. In the Show field, select Posted.

3. Select the journal.

4. Click Lines.

5. To view transaction information that is associated with a line item, Inventory > Transactions > Ledger > Financial voucher.

P.s. I strongly advise read Ludwig's blog post on this report for some other insights https://dynamicsax-fico.com/tag/inventory-value-report/

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