Can we have variance of book stock value & physical stock value interfaced externally ?
Answer. System has complete support for stock reconcilaition. One option is the stock reconcilaition document type will show you stock as per books and you can enter the physical and system will automatically reconcile and generate reconcilation GRIN/issue. Otherwise for interfacing with external device to this document can be customised depeneding upon how you will bring in the data. E.g As on year end date we take a physical stock of all locations. Book (system) stock will be different from the physical stock. We need to have interface of book to physical stock – so that physical stock will be uploaded in the system. This is to find quantity variance and subsequently value variance. Significant variances will need an explanation to be given to auditors as well as internal analysis. System has complete support for stock reconcilaition. One option is the stock reconcilaition document type will show you stock as per books and you can enter the physical and system will automatically reco
