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Inventory value out of proportion.
Need some help understanding this please.
Here's a report showing the value of 240 solar panels in our inventory.
These 240 solar panels are from 2 inventory adjustments in foreign currencies.
Now, these are also wrong and I'll get to fixing them afterwards. But why are these two IA's which are only about £1.8mil after a quick currency conversion totaling to £8billion?
It seems to be an issue with the consolidated reporting involving the two subsidiaries that use Leones and Nira and the exchange rates. I feel like I've solved this issue before but am drawing a complete blank as to why this is happening again.
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