Hello Peter,
You mean that the GL balance minus the transfer amounts give the inventory balance, right?
For which country is your system configured?
I am asking this because usually transfers within a single site do not result in financial postings. However, there are some country-specific funtionalities available - such as for example for India - where AX posts all transfers on ledger accounts.
If you open the inventory posting matrix under inventory-setup-posting-posting, do you see a special transfer order tab?
If you don't, do you know if an adjustment has been made that posts transfers within a single site on ledger accounts?
Best regards,
Ludwig