Category Archives: costing

Abnormal posting date entries happens when the Posting Date of the receipt/shipments of inventory is after the Posting Date of the invoice. Why does this happen? You’ll need to ask your CFO or Controller. Typically, I found this more in return orders where the receipt of the product is a certain date, and the accountingRead more

Here are a couple of reasons why you would get inventory value if you have 0 quantities when you print Inventory Valuation report and Inventory to G/L Reconcile report as of a certain date. Scenario 1: If the adjust cost is processed on 7/31/07, and the Allow Posting From was 7/1/07 on General Ledger Setup,Read more