Inventory Reconciliation

Inventory Reconciliation ties your physical or cycle counts and inventory subledger back to the general ledger inventory accounts, flagging every variance line so nothing slips through close. It quantifies and categorizes shrinkage, count discrepancies, and unmatched items, then leaves a clean trail of reconciling items ready for write-off or adjustment. Controllers and accountants get a defensible, audit-ready reconciliation instead of a sprawl of manual spreadsheets.

Inventory GL balances drift from counts and the subledger, and finding the shrinkage and reconciling items by hand is slow and error-prone.

It ingests count data and the inventory subledger, matches them line by line against GL inventory balances, and isolates and categorizes the variances and shrinkage as reconciling items for review.

• ✓Reconcile physical or cycle counts to the inventory subledger and GL during month-end close
• ✓Quantify and categorize shrinkage to support write-off and adjusting entries
• ✓Produce an audit-ready inventory reconciliation with a documented reconciling-item trail

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