The Inventory Value Report allows you to see total overall inventory value and to check the value, quantity on hand, and cost of specific items for a selected date.
Looking for raw goods inventory value? Visit our Raw Goods article to learn more.
This report provides inventory value for dates on or after December 31, 2017. Information prior to December 31, 2017 must have been manually retrieved on the day needed.
Table of Contents
Run the Report
From BackOffice, run the Inventory Value Report to view the current value of on-hand inventory or the value from a particular date.
Note: This report provides inventory value for dates on or after December 31, 2017.
Click 'Reports', then 'Inventory Value Report'.
Click to Enlarge
To run the report for a previous day, click the date icon to choose a day and click 'Retrieve'.
By default, the report automatically displays the current inventory value. Selecting a prior date (December 31, 2017 or later) gives the value for 11:59 PM on that day.
The Inventory Value Report summarizes the business’s inventory value and gives the quantity on hand, cost, and value of specific items. Each basic item and each individual variant is listed separately on its own row.
Looking for raw goods inventory value? Visit our Raw Goods article to learn more.
Totals (top row) | Total for each column in the report. Item Name | Name of the basic item or variant as it is currently entered in BackOffice. QoH | Quantity on Hand. Total count of the item or variant in stock. A negative value means the item continued selling at the register after its quantity reached 0 in BackOffice. Learn how to fix a negative ‘QoH’ here. Cost | Amount paid to acquire the item or variant. By default, ‘Cost’ is calculated as a weighted average. Total Value | ‘QoH’ multiplied by ‘Cost’.
