Inventory Reconciliation
A member of the Professional Services team will provide guidance on best practices for reconciling inventory value reporting to the ledger.
Deliverables include: Assistance with the best practices for making any necessary stock adjustments, matching vendor invoices to PO value, and techniques for reconciling.
Features include: Inventory value is an accumulation of stock on hand at the landed cost of the stock. Ledger value represents the accumulation of vendor invoices for stock received. Many vendors do not issue invoices at the same time the stock is received leaving Inventory value and ledger value not in sync.
Expiry Date: 2 months from the invoice date, extensions can be purchased.
Deliverables include: Assistance with the best practices for making any necessary stock adjustments, matching vendor invoices to PO value, and techniques for reconciling.
Features include: Inventory value is an accumulation of stock on hand at the landed cost of the stock. Ledger value represents the accumulation of vendor invoices for stock received. Many vendors do not issue invoices at the same time the stock is received leaving Inventory value and ledger value not in sync.
Expiry Date: 2 months from the invoice date, extensions can be purchased.