Inventory value differs in TB and Inventory List

I'd be happy to help you sort out the discrepancy between your Inventory Valuation Report and the Inventory Amount in your Trial Balance (TB) in QuickBooks Desktop, ConA.

By simply clicking on the value/amount displayed in both the Inventory Valuation Report and the Trial Balance, QuickBooks allows you to access detailed transaction information.

This functionality helps you drill down into each report, allowing you to view and easily compare specific transactions that make up the totals in these reports. This feature is particularly useful for pinpointing differences, checking if adjustments were made, and ensuring that all inventory transactions are accurately recorded and reflected in the financial statements.

Additionally, you can explore the different reports available in QuickBooks Desktop to meet your business needs.

Furthermore, I'm adding this resource to help you memorize reports in QuickBooks if you want the same settings of the customized report to be available for future use: Create, access and modify memorized reports.

We're committed to supporting you in any way we can. If you have any additional questions regarding your inventory valuation report, trial balance, or any other inquiries, please feel free to reach out. Our team is always here to assist you!