Hello, After comparing my inventory valuation report with the stock account balance in my general ledger, I noticed a significant discrepancy. I have found a partial explanation, such as the absence in my valuation report of transactions that do not use an item but impact a stock account. The problem is that 100% of my bill credits created from Vendor Return Authorization use an item and thus affect my stock account, and this does not appear in the valuation report. Only bill credit created from Bill appear in the valuation report Is there a reason for this?

Bill Credit lines that exist in the related VRA should not affect stock on hand. It's the related Item Fulfillment that should affect stock on hand (reduction). On the other hand, Bill Credits that are not linked to VRAs act as both a credit and shipment; thus, reducing the stock on hand by itself as there is no separate Item Fulfillment transaction that can be created without a VRA.

Thank you Luis !!

Why is the former a problem? The GL impact of that in theory is debit to Purchases Returned not Credited and credit to A/P. It should not affect inventory asset, so it should not appear on the inventory valuation report as well.