You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Inventory Valuation vs Costing Account Balances Reports

edited Sep 2, 2021 1:05PM in Profitability and Cost Management 1 comment

Content

Hello:

Can someone please tell me how these reports work?  The Costing Account Balance report for our regular inventory balances to the inventory account in the GL (this report does not have quantities).  The Inventory Valuation Report (by Item, Valuation Unit) is off from the GL ~$1k.  This is no biggie, however, when thought I would compare the two to see if I could find the difference, I can't figure out how/what Oracle is using to get the total.  A few examples attached.  

Tks!

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!