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LIFO V APPRECIATION

Posted: Tue Jan 02, 2024 8:18 pm
by PartsDanager
hello,

doing year end. We don't take appreciation month to month, so I get the year's total from the MGR report each month when I do reconciliation.

My LIFO report showed a +3997.61
My appreciation YTD (dec) was 11424.65

I thought these were essentially the same thing. Am I missing something?

Re: LIFO V APPRECIATION

Posted: Tue Jan 02, 2024 9:15 pm
by MSInventory
Make sure the appreciation# isn't including "manual" appreciation update -vs- "Factory update.