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Cost Management - EBS (MOSC)

Inventory value is Overstated and the COGS is understated

Oct 7, 2014 9:17AM edited Apr 8, 2016 5:01AM in Cost Management - EBS (MOSC) 1 commentAnswered

Dear all,

The items on hand quantity was loaded in the system with zero cost with the correct quantity, this is causing difference in the inventory value, the

inventory value is overstated and the Cost of goods sold is understated.

Kindly advise

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