GLS215 versus CAS530/1

Good Day All!

I’d like to get peoples thoughts and opinions on something…

Our Finance Team will run the “GLS215 General Balance File Display” program, and specifically look at the totals for “Account 1200 – Raw Material In” and “Account 1220 Finished Goods”.

Then they will run the “CAS530 Inventory Value. Print Reconciliation List”, which has a total at the bottom of the report.

There is an expectations that the “Detail Reports” (i.e. CAS530) should match the Trial Balances (i.e. GLS215).

In everyone’s experience, is that a reasonable expectation that those two tie out? And if not, why not?

Thanks!

Steve