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Difference between Inventory Valuation report and GL

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edited Apr 4, 2021 3:47PM in Costing 3 comments

Summary

Difference between Inventory Valuation report and GL

Content

Dear, 

We are getting a huge difference between the inventory valuation report and inventory accounts on the trial balance report. 

I already verified that we don't make any manual entries of the inventory accounts

Please advise to find the overall discrepancy and let me know how to identify the unaccounted transactions in cost management and what transactions are made in the previous year but the accounting date is next year. 

 

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