Reconciling Inventory to the General Ledger

At month end, the Inventory Valuation Report may not match the General Ledger Detail Report total for the Inventory account. This occurs because the Inventory Valuation Report is a real-time report; it includes all transactions in inventory at the time of printing. The General Ledger Detail Report prints transactions based on the posting dates.

Use the Inventory Trial Balance Report to reconcile the general ledger detail total for the Inventory account. This report recognizes transactions by posting dates.