Forum Discussion

Contributing User

5 years ago

Solved

inventry reconciliations value report out of balance

Hi what causes the Inventry value to go our of balance? And how do can I fix?

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Neil_M
Former Staff
5 years ago
Hi JASON4

Generally speaking a void transaction is a transaction where both sides are $0. As these transactions would have no dollar value they shouldn’t be causing an out of balance against the inventory control account.
Neil_M
Former Staff
5 years ago
Hi JASON4

On a purely functional level an inventory out of balance occurs when the inventory control account balance differs from the total value of the on hand items. Generally speaking this will be caused by transactions incorrectly assigned to the inventory control account.

Our help article Receivables, payables or inventory out of balance, steps through the causes in more detail as well as how to resolve the different causes
JASON4
Contributing User
5 years ago
Hi I have another question, Why on my Stock journal there are Void transcations? I belive this is part of why my reconsiliation is still out?

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