What causes the Inventory Valuation report to change following a period close?

Joshua Wright

• August 09, 2019 00:00

User ran the Inventory Valuation (Historical) report following the close of Period 5. When we run this same report it provides different account totals. It seems highly unlikely that this is a technical error. However, we would benefit greatly from a brief on what factors might cause this change, so the customer can investigate their transactions for any errors/discrepancies.

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  Simon Kerr

  • August 09, 2019 00:00

  Hi Josh,

   

  When a period is closed it should lock down transaction values so typically the Historical valuation report shouldn't change as it reports on locked values in a closed period. This article breaks down the ins and outs of the Inventory Valuation Report.

   

  If it doesn't work this way, then please escalate to our Technical Support team to investigate further. For technical issues, I recommend for you to Raise a Technical Case with our Technical Support team. To do this, you can either escalate to the member(s) of your business who are responsible for raising cases with Fourth. Or if you are this person, you can select your name on the top right of the Customer Community and select the 'Raise a Technical Case' from the drop-down options.

   

  I hope this helps.

   

  Best,

  Simon

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