Always there is a difference between Inventory Value Report Balance and the G/L Inventory Account balance. What is the reason and how to come out of this issue?
The most likely reason is that you did not run “Adjust Item Entries” and “Post Costs to G/L” lately.
Please check that this is run properly.
If you still have differences, please check if there are any manual postings in the accounts in question.
For checking this, you must set a filter to the G/L Entries for “System-Created Entry” = No
If there are, it might be likely that the total of those postings reflect the difference between inventory and G/L