The Inventory Value report examines all (or optionally, specified categories) of your inventory and calculates its total landed cost. The report also provides separate columns with the following inventory values: Hold Work Orders, Work Orders & Layaways, Available Stock, On Order, Special Order Stock received, and Special Order Stock on order.
The Open to Buy report is the same as this report except the Show Budget check box is checked by default. The method of calculation is included in the information along the top of the View tab as follows when the Show Budget check box is checked:
- Current Stock Value = (Financial Stock Value - On Order Stock Value)
- Open to Buy = (Budget Stock Value - Current Stock Value)
Note: The larger the number of inventory items, the longer it'll take to complete the report query.
The Inventory Value report - Settings tab