Inventory Costing Mode

Within the software, we can have the inventory system update the cost of the inventory on a regular basis. There is two main options to achieve this, which includes: Periodic – typically done during month end Perpetual – done in real time Note: Once you set this to perpetual, your inventory in your accounting report … Read more

Stock Summary Report

There are a few inventory reports. However, the quickest way is to start with the Stock Summary Report. In order to get there, go to Inventory > Reports > Stock Summary Once you are there, pick the relevant filters and click “Run Report”. The report consist of Opening balance Incoming (for the period selected) Outgoing … Read more