Item Balance Reconciliation with the GL

You can compare the inventory balances to the GL at the end of a period. Because inventory transactions continue after GL periods close, the system provides a method for you to reconcile the inventory balances to the GL for any fiscal period.

You can use this information to create:

• Summary level reports according to the GL classification code.

• Running balance information on Item Ledger Inquiry (CARDEX).

• Balance forward records.

• Integrity reports.

See also:

• Setting Up Constants.