• Gulshan Shubham

How do you know your Inventory Valuation is Correct?

Hi Readers,


We are aware that the Value Entry defines the Inventory Valuation in NAV. The question arises that how at any point of time (lets say at Month End) you will know that the Inventory Valuation is 100 % correct?


Basically to achieve this we need to reconcile the GL Entry with Value Entry (which seems quite obvious).


Now, Instead of going for manual reconciliation of the above mentioned, we have one better solution in system which gives automatic reconciliation of the same.


There is one report (i.e. Matrix View) in base NAV which reduces our effort. The report is named Inventory - G/L Reconciliation.


This report definately reduces our effort to find the difference.


Go and explore it at your end to know better.


Thanks for reading.

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