Posting issue

Jchong

Member
Each monthend we are trying to reconcile the inventory GL balance with the item ledger. However, we always have a delta between GL and the item ledger account. We found out most of the IT transactions(inventory move between locations)and IM transactions(issues of material to work orders)are not post to GL. We understand if transfer between same branch/plant, there should not be any amount post to GL, however, this is from different branch. Has anyone have any problem reconcile the month end inventory between GL and the item ledger. Please advice.
 
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