Inventory Control – Inventory Value Variance Report
Inventory variance most likely occur when the cost decimal places set for the
company is higher than the amount decimal places. The Inventory Value Variance
Report provides information on the variance between the inventory transaction
cost recorded in the Inventory Control module and the inventory amount posted
to General Ledger. You can use this report to reconcile any discrepancies
between the subsidiary ledger inventory balance and the General Ledger total
inventory cost.
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