Hi,
Have a query on initial inventory GL.
See whenever initial inventories are uploaded the initila inventory account as per GBB-BSA in OBYC gets credited and the inventory GL gets debited.
Now how do we nullify these Credits that have come in this initial inventory account.
The reconciiltion team say that this account should have no value and be 0 after the inventories have been entered.
Is this correct to pass a JV to nullify this or is the whole question of nullifying is wrong.
please suggest.
Thank you,