We printed the physical inventory worksheet, created the adjustment workfile, did a physical inventory and adjusted according to the physical count. However, the quantity on hand per the physical inventory reconciliation sheet and what is shown on the stock card at that date are materially different. I only checked for one particular item as we have an issue with this. When you do an item enquiry it is showing the amount on hand at 15k however lot 1 shows 17k on hand.

How is this possible?