Skip to Content

Inventory audit report of Semi Finished Goods

Aug 01, 2017 at 09:26 AM


avatar image

While running audit report for a semi-finished good the net quantity (two warehouses) is showing zero while the value if around 500,000 is still there.

On analysis I found few things

  • 1.only two type of transaction for this item receipt from production and issue for production
  • 2.while creating item Mange Inventory by warehouse was not checked
  • 3.receipt from production was done in one warehouse while issue for production was done from general warehouse 01
  • 4.Transaction done from 01 i.e. Issue for production from general warehouse at zero unit cost so transaction value is zero
  • 5.A negative quantity is there in general warehouse and the same positive quantity is there in other warehouse so net quantity is zero if we consider both the warehouse

Need your advice how to resolve this.

10 |10000 characters needed characters left characters exceeded
* Please Login or Register to Answer, Follow or Comment.

0 Answers