GP Controller Series: Inventory Reconciliation: Stock Status vs Historical Aged Trial Balance

When reconciling inventory to GL in GP, there are two primary report options that companies use. Both of them have some pretty significant pros and cons. The two reports are the Historical Stock Status (HSS) report and the Historical Aged Trial Balance (HITB). For a long time, all we had was the point in time stock status report in GP. To get this right, it needed to be run at month end. Miss the timing, and you were just stuck.  Along came a historical version of that report that finally allowed... Read the full text.
Comment List
Related
Recommended