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End Of Year balancing of Inventory
Inventory Value = Balance if Inventory Ledger + PO';s received but not billed yet.
Generating three reports allows for verifying this formula:
1. Inventory Value report 2. Trial Balance 3. Bill/PO reconciliation
Note: this article is also publicly available at http://wiki.wws5.com/share/WSBalanceInvSubLedger0811281008.html
wsbalanceinvsubledger0811281008.flv
Created by Charlene Scott at 28/11/2008 10:09:01 AM