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Inventory Reconciliation...

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Woodrowe

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12/5/2014 4:41 PM

I am reconciling Finished Goods inventory using report CAS530 to the general ledger. I am off $68K...my general ledger amount is greater than my CAS530 report. I did a standard cost update to finished goods during the month. Any ideas as to why I am this far off? Could it be distribution orders that are in transit from one warehouse to another warehouse? Thanks:(