End Of Year balancing of Inventory
Inventory Value = Balance if Inventory Ledger + PO';s received but not billed yet.
Generating three reports allows for verifying this formula:
1. Inventory Value report
2. Trial Balance
3. Bill/PO reconciliation
Video source: training:wsbalanceinvsubledger0811281008.flv
Created by Charlene Scott at 28/11/2008 10:09:01 AM