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Comparison between "Inventory Value per Period" and "Inventory Value Simulation"

  • November 10, 2021
  • 2 replies
  • 399 views

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Superhero (Customer)
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  • Superhero (Customer)

Hello,

If we have a look in the two follwing screens then we can see that we have a difference between the values. We use IFS Apps 9.

Is that a feature or a bug?

Thank you

Best answer by Link

This is being investigated under Support case G2297957

Thank you for your answer Vimukthi.

Our conclusion is it is not recommended to compare the values between Inventory Value Per Period and the Inventory Value Simulation.

For Auditing purposes, we recommend to use Inventory Value Per Period and you can compare it with the Inventory Part in Stock. Whereas, there can be different scenarios which results in disparities between Value Per Period and Simulation windows.

 

Kind regards

 

 

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2 replies

Vimukthi Mahakumbura
Superhero (Customer)
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This is being investigated under Support case G2297957


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Superhero (Customer)
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  • Author
  • Superhero (Customer)
  • Answer
  • December 30, 2021

This is being investigated under Support case G2297957

Thank you for your answer Vimukthi.

Our conclusion is it is not recommended to compare the values between Inventory Value Per Period and the Inventory Value Simulation.

For Auditing purposes, we recommend to use Inventory Value Per Period and you can compare it with the Inventory Part in Stock. Whereas, there can be different scenarios which results in disparities between Value Per Period and Simulation windows.

 

Kind regards