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Performing stock valuations

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Inventory ➔ Warehouse management ➔ Stock valuation

Introduction

In this screen, you can perform stock valuations. Stock valuation is a process of assessing the value of current inventory. It consolidates the inflow and outflow of inventory transactions and calculates the current value of the stock. Inflow transactions are transactions of items that are coming into the warehouse such as the purchase order receipts, return receipts, positive stock counts (physical quantity is more than the recorded quantity), and production receipts. Outgoing transactions are transactions of items leaving the warehouse such as sales order deliveries, return deliveries, negative stock counts (physical quantity is less than the recorded quantity), and production material issuance.

What version are you using?

The information in this document is based on product update 407 and higher. If you have versions lower than this, certain features explained here will not be applicable.

How do I perform stock valuations?

  1. In the Stock valuation screen, define the relevant criteria.
  2. Click Process to perform the stock valuation. You can also click Preview to display the stock valuation report in Microsoft Excel.

Tips and tricks

  • Inventory ➔ Warehouse management ➔ Stock valuation is available only if you select Standard cost price, Average purchase price, FIFO, LIFO, or Real time APP at Valuation method under the Entry section of the Inventory settings via Systems ➔ General ➔ Settings. For more information, see Inventory settings.
  • Selecting Standard cost price, Average purchase price, FIFO, LIFO, or Real time APP will perform stock valuation by using the current cost price to calculate the current stock value. However, selecting Standard cost price (Classic) will perform stock valuation by using the standard cost price to calculate the current stock value.

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Related documents

     
 Main Category: Attachments & notes  Document Type: Online help main
 Category:  Security  level: All - 0
 Sub category:  Document ID: 12.552.073
 Assortment:  Date: 26-09-2022
 Release:  Attachment:
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