Reconcile to G/L

Report shows an inbalance with P/L but not mismatches ?. How should I go about reconciling this as out by 10K.



Is this inventory value posted to G/L. If so read this

You must run the reports when there is minimal movements in the warehosue/system;

  1. run the adjust item costs batch job

  2. Run the inventory valaution report

  3. Run GRNI and stock shipped not invoiced reports

  4. Run the trail balance.

You will also have to check if there are any direct postings made to inventory accounts in your balance sheet.

Hope this help!