Client has not maintained as of from 2015 till date. Need to rebuild as of with accurate BF records
Hello,
The client has not maintained as of from 2015 till date. Need to rebuild as of with accurate BF records. Considering they did a purge-It activity in 2018 and summarized all inventory records and then did cycle counts for different items and different MCU's at different point in time, we do not know the actual inventory on hand or its valuation.
How do we build their as of with correct balance forward records considering this situation?