Inventory Valuation Report Inventory Valuation Report
This report is accessed through Inventory Reports.
Click on any column header to sort the listed items. This will be useful when the list of reports has grown.
Add or Change (button)
To modify the information used in generating the report, press the Add or Change button. For more information, see Add or Change an Inventory Valuation Listing.
Press the Delete button and the following screen comes into view. Press the Yes button and the highlighted record will be deleted and the previous screen comes into view. If the No button is pressed, the program returns to the previous screen.
To print a report, press the Print button. For more information, see Printing Reports
Note: If the message "Nothing to Print" comes into view when the Print button is pressed, there are two main causes:
1. There is no information within the selected limits. Remove all limits. One at a time, reinsert the limits. If the report still will not print, insert a new report title.
2. No report title is selected. The report title is used to store the selected limits. A report title must be entered in order for the report to print.
Add or Change an Inventory Valuation Listing
To Add or Change an Inventory Valuation Listing, press the appropriate button and the following screen will come into view. This screen displays the possible limits that may be set. No limits should be set if a complete listing of all inventory is desired.
Report Title
The title of the report. Warning: The title is used to store the selected limits. If no title is entered for the report, the message "Nothing to Print" will come into view when trying to print the report. .
User
Enter the User ID of the report creator.
Lock (check box)
If this option is selected, only the User listed in the User field can change or delete this report.
To print all Items, do not check the Select Items box.
Select Items (check box)
Activates the ranges defined on the next lines. This option may be used to limit the items to specific items or a single item. To limit the report to a single item, enter that item in both the From and To fields.
From
Selects the first item in a range of items or a single item. Enter the item. If the lookup button is pressed, the Browse the Item File screen comes into view. Highlight the desired item and press the Select button.
To
Selects the last item in a range of items or a single item. Enter the item. If the lookup button is pressed, the Browse the Item File screen comes into view. Highlight the desired item and press the Select button.
To print all Items, do not check the Select Categories box.
Select Categories (check box)
Activates the ranges defined on the next lines. This option may be used to limit the report to specific Categories or a single Category. To limit the report to a single Category, enter that Category in both the From and To fields.
From
Selects the first Category in a range of Categories or a single Category. Enter the Category or select it from the drop-down list.
To
Selects the last Category in a range of Categories or a single Category. Enter the Category or select it from the drop-down list.
To print all Locations, do not check the Select Locations box.
Select Items (check box)
Activates the ranges defined on the next lines. This option may be used to limit the items to specific locations or a single location. To limit the report to a single location, enter that location in both the From and To fields.
From
Selects the first location in a range of locations or a single location. Enter the location. If the lookup button is pressed, the Locations screen comes into view. Highlight the desired location and press the Select button.
To
Selects the last location in a range of locations or a single location. Enter the location. If the lookup button is pressed, the Locations screen comes into view. Highlight the desired location and press the Select button.
Portrait (radio button)
Specifies how the report is positioned on the page when printed. Portrait is the standard. Portrait is printed vertically.
Landscape (radio button)
Specifies how the report is positioned on the page when printed. Landscape is printed horizontally
Subtotal Items by Invenory Account (check box)
If this box is checked, the items on the report will be sorted and subtotalled by the Inventory Account assigned during Item Entry.
Exclude Quantities from POs Reconciled by Packing Slip (check box)
This option is provided so that the total valuation at the bottom of the report can match up to the account balance for the Inventory GL Account. Some quantities show up in inventory quantity totals because they were on a purchase order line item that was reconciled with a packing slip. The dollar value for these quantities has not yet been posted to the Inventory GL Account. Checking this box and excluding these quantities from the report will allow the report to include only quantities that have been posted to the general ledger.
This option is used for determining inventory value when the Inventory Relief Method is set to "Average Cost."
Average Cost Over Time (radio button)
If this option is selected, the Current Value of any given item will be calculated by multiplying the quantity on hand by the Average Cost over Time.
Aver Cost for Stock On Hand (radio button)
If this option is selected, the Current Value of any given item will be calculated by multiplying the quantity on hand by the Average Cost of only the stock currently on hand.
Click this button to save the current settings and print the report immediately, without having to return to the Report Title browse window.