MYOB Inventory Reconciliation Expert Needed

Job ID: 39013973

Budget: $250 – $750 AUD

I am facing some challenges with my inventory in MYOB.

The business has transitioned from no itemisation at all, to building opening balances and utilising a bill of materials for products produced.

We’re looking for help to align the inventory asset account balances on the balance sheet with the inventory value reconciliation reports which reflect the quantity count per item x the average cost per item.
We’re struggling to understand how to treat the original purchase transactions that hit raw material inventory but not itemised.
Related categories: Accounting Intuit QuickBooks MYOB Bookkeeping Xero