Inventory and GL do not Agree

Joy,

At what patch level did you start using 5.0? There were some early issues
that caused variances to be created inaccurately and EXTRA large variances
is how we identified the problem. If you read the patch installation
instructions it does talk about rerunning WIP for months that are in error.
There is a report in the files section that when ran will show you if the
problem exists with regards to job costs.

It is our companies opinion that these variances should be auto-applied to
the inventory G/L accounts to insure that they are properly applied where
they should be. The G/L accounts are readily available from the product
group thus it makes little since to not apply them.

Regards,

Darren Mann

-----Original Message-----
From: Fekkes, Joy [mailto:jfekkes@...]
Sent: Friday, June 01, 2001 10:26 AM
To: 'vantage@yahoogroups.com'
Subject: [Vantage] Inventory and GL do not Agree


We would like to ask if others have this same problem...(we are doing our
monthend with 5.0 for first time)

Our Inventory Stock Status Report and WIP do not agree with the General
Ledger Balance for Inventory Accounts...
there are no manual entrys..only from WIP capture.

We have always seen these not agree, but when we went to 5.0, there is more
of a variance. Does anyone else have this problem? Or does anyone have any
ideas about what could be causing this?

Joy Fekkes
Jaco, Inc
140 Constitution Blvd.
Franklin, MA 02038
Email: jfekkes@...
Website: www.jacoinc.com


To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please go to:
http://groups.yahoo.com/group/vantage/files/. Note: You must have already
linked your email address to a yahoo id to enable access.

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
We would like to ask if others have this same problem...(we are doing our
monthend with 5.0 for first time)

Our Inventory Stock Status Report and WIP do not agree with the General
Ledger Balance for Inventory Accounts...
there are no manual entrys..only from WIP capture.

We have always seen these not agree, but when we went to 5.0, there is more
of a variance. Does anyone else have this problem? Or does anyone have any
ideas about what could be causing this?

Joy Fekkes
Jaco, Inc
140 Constitution Blvd.
Franklin, MA 02038
Email: jfekkes@...
Website: www.jacoinc.com