Topic: Reconciling Accrued Inventory Liability
Presenter: Stephanie Merenda of Smart ERP
Abstract: Your company’s Accrued Liabilities account is supposed to reflect what been received but hasn’t yet been paid for. But for many companies, this account balance seems to keep growing with no end in sight even though payment has already been made. This session will discuss some common causes for this phenomenon and the tools available in PeopleSoft to help reconcile the balance and keep it under control.