I don't think that back dating IC Item Valuation is working correctly. The value I got on Saturday, Feb 27 (after month end was completed and everything was posted) is different from the value I'm getting today when dating the report back to Saturday, Feb 27 by $38,000. Seems to me the cost amounts from the receipts we added this morning in IR are now showing up on the IC Item Valuation even though we back dated the Item Valuation report to Feb 27.

If this is true, back dating IC/Item Valuations does not give us even close to an accurate number.