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Reports and ledgers

The Inventory reporting section typically includes reports and ledgers.

Reports​

Most commonly used:

  • stock on hand report;
  • inventory valuation;
  • item movements;
  • costing reports.

Ledgers​

The system may provide ledgers:

  • stock ledger;
  • reservation ledger;
  • cost ledger.

Practical purpose of ledgers:

  • explain where a balance comes from;
  • show movement history;
  • help find the cause of variances.

Recommendations​

  1. Always set a date interval when analyzing movements.
  2. For problematic items, use breakdown by location and lot.