I have been auditing systems of one of our entities. They have recently implemented NAV.
They are able to generate inventory aging report on any date, as long as it is current date.
However, in real world, all supplier invoices for any month are not received / entered in the system by the end-date of that month.
So, after a few days (say, 5th of next month), when all data entries of previous month are over, inventory as of end of previous month has changed compared to what it was as of that month-end (but say, five days ago).
When an inventory aging report as of previous month-end is requested on Day 5 of next month, I have been told that such historic inventory aging cannot be generated. Is this true?
If not, how does one generate a historic inventory aging report?
Thanks,