Dear Experts,
Provision for Inventory Balance which is not posted to GL from year 2016 to 2021. Could you please suggest can we post all the previous years unposted transactions on 31 Dec 2021?
Thanks in advance.
You can post it by selecting the checkbox for back dated entries with appropriate dates. All these transactions will then have post date of Dec 1, 2021. Confirm with finance on accounting implications of such posting.
Vinay Kamboj