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Former Member
Dec 17, 2013 at 02:36 PM

Stock Valuation in Older period


Dear Sirs ,

My scenario is as such , we had earlier uploaded the stock in Mar-2012 with Values.

Now the client is matching the Balance Sheet in SAP & want to close the same.

However they have find out some values of the stock provided them were wrong & due to this a big amount of difference is coming.

We suggested to carry out the changes in the current open period.

Now we are in 2013 9th Period , however they want the changes to get effected in the same period of 2012.

We informed them opening a closed period will cause inconsistency in Valuation.

However they want it to happen.

Kindly advise what are the other / solutions we can provide to them in order to close this issue.

I look forward to all your valuable suggestions on this at the earliest.

Thanks & Regards

Paritosh Das