Inventory History and Valuation Report

Inventory history and Valuation Report are part of the advanced inventory management and are only available to those users who have subscribed to this functionality.

1. Inventory history

Inventory history allows users to view records of all the changes made in the inventory, including transfers, purchase orders, and adjustments.

Go to ‘Inventory history’ section in the ‘Inventory management’ menu.

‘Inventory history’ section

You can see the ‘Inventory history’ of all the items that underwent any changes. You can filter the history by period, stores, employees or by reason of stock changes, including sales and refunds.

‘Inventory history’ section

There is a link to the document for adjustments made on the item in the ‘Reason’ column.

 

2. Inventory Valuation Report

Inventory Valuation Report gives an understanding of the total cost of the inventory and potential profits from their sale.

Go to ‘Inventory valuation’ section in the ‘Inventory management’ menu.

‘Inventory valuation’ section

You can see the up-to-date ‘Inventory valuation’ report. You can filter the report by categories or stores (if you have multiple stores) and export the data by clicking on the ‘Export’ button.

‘Inventory valuation

There is a summary of the inventory information at the top.
Total inventory value is calculated as the sum of the cost multiplied by the stock of all items.
Total retail value is calculated as the sum of the price multiplied by the stock of all items.
Potential profit is calculated as the difference between total retail value and total inventory value.
Margin is calculated as Potential profit divided by the Total retail value in percentage.

Note:
Items with a negative stock are not calculated in the Total inventory value.
Items with a negative stock or a variable price (blank price field)  are not calculated in Total retail value and Potential profit.

You can also see the detailed inventory information of each item.

 

See also:

Advanced Inventory Management Overview

How to Work with Purchase Orders and Suppliers

How to Work with Transfer Orders

How to Work with Stock Adjustments