Which report identifies the gain/loss transactions if you finalize the inventory with the current count?

The correct report that identifies gain/loss transactions when finalizing inventory with the current count is the Potential Inventory Discrepancy Report. This report is specifically designed to highlight differences between what is physically counted and what is recorded in the inventory management system.

When performing a final inventory count, discrepancies can arise due to various reasons such as theft, damage, or data entry errors. The Potential Inventory Discrepancy Report is crucial in pinpointing these variations, allowing the logistics team to investigate the reasons for the discrepancies and take appropriate corrective actions. This ensures accurate inventory records and helps maintain accountability.

The other reports serve different purposes and do not primarily focus on identifying transaction variances based on current counts. For example, the Final Inventory Report typically provides summary data on the inventory position at the end of a period without detailing specific discrepancies. The Inventory Audit Report provides a comprehensive overview of an audit conducted on inventory but is more about compliance and verification rather than pinpointing gain/loss transactions. The Asset Valuation Report is focused on assessing the financial value of the assets in inventory rather than tracking discrepancies.