Results 1 to 2 of 2

Thread: Pastel Partner Inventory Reconciliation

  1. #1
    Email problem
    Join Date
    Jun 2016
    Cape Town
    Thanked 0 Times in 0 Posts

    Pastel Partner Inventory Reconciliation

    Hi There

    I am wanting to reconcile my Inventory reconciliation report to my General Ledger Inventory Control account; something I would expect every company to do.
    However, as per the example attached there always seems to be a difference between the valuation report and the inventory control account balance where the cost price changes because of rounding.
    So the GL movement agrees with the transaction history report but neither of them agree with the valuation report.
    Can anyone advise how one is meant to perform general ledger to inventory ledger balance reconciliations?

    Attached Files Attached Files

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Durban, South Africa
    Thanked 2,677 Times in 2,259 Posts
    Blog Entries
    I suggest the first step is to consider whether the difference is material.

Similar Threads

  1. [Question] Importing Inventory Master files into Pastel Partner
    By David Irish in forum Accounting Forum
    Replies: 2
    Last Post: 16-Aug-17, 05:00 PM
  2. How to print a Pastel bank reconciliation
    By Christos in forum Accounting Forum
    Replies: 4
    Last Post: 17-Mar-16, 05:15 PM
  3. [Question] Pastel Inventory
    By Nadz in forum Accounting Forum
    Replies: 1
    Last Post: 25-Oct-13, 07:00 AM
  4. Replies: 3
    Last Post: 24-Jun-11, 04:59 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts