Does anyone have any insight into how to fix the follow issue?
When running an inventory valuation report, The total doesn't tie to the balance sheet. It looks like manual adjustments have been made using general journal entries. How would you go about fixing this problem?
Thanks in advance for any help.
I have that happen almost every month. I find that those GL adjustments are system generated. Do you think your report is more correct than the Balance Sheet? What version are you using?
I do a Journal entry to correct my raw materials and finished product. I find my report to be correct.
Bo
Have something to add? Share your thoughts — no account required.
Ask the community — no account required