Overview
The Inventory value report framework allows you to report and reconcile Inventory and WIP values on one report. This replaces the six individual reports and manual adjustments, which were required in previous versions to achieve the same result. You can use the Potential conflicts report to report transactions that violate rules as defined by parameter settings in various modules. This report significantly reduces the time spent on identifying the causes of discrepancies between Inventory and General ledger values.
Microsoft Dynamics AX 2009 White Paper: Inventory Reconciliation and Reporting