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Audit problem - Obtain Cost of Goods Sold
Hi there,
Our auditor perform audit our company want to obtain information to calculate Cost of Goods Sold (CGOS). But NS Income statement only capture Cost on each sales.
They calculate it as CGOS = Opening inventory + Purchase – Closing inventory
I tried to get data by the following report but the CGOS calculated has a big difference compare with CGOS on NS Income Statement report
Open Inventory from Inventory Valuation report
Purchase from from Purchase Order History
Closing Inventory from Inventory Snapshot
May I know how to get the following information include all adjustment made to those order and which report should use?
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