Overview
The Inventory Valuation report shows the current dollar value of inventory. The report can be printed for any range of warehouse location, item category, item class, or item number. The dollar values and quantities are based on the current quantities and costs at the time the report is printed.
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Detail
There are four formats for the report. There are 3 different summary reports, which summarize the value by G/L account, warehouse location, or item category. There is also a detail report, which prints the detail for each item. All stocked inventory items that are shown on the report have a quantity other than zero regardless of the item's status. This report must be printed out as part of the month end close process and compared against the subledger inventory accounts.
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