Point of Sale Solution Back Office Inventory Value Report
Description
How to run and download a report showing the value of the inventory you currently have on hand
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The Inventory Value report provides a snapshot of the financial value of your inventory at the time you view the report. The information can help to determine potential profit and is important for tax purposes. All items within your inventory will display on the report, which can be downloaded and saved in Excel format.
- In Point of Sale Solution Back Office, select Location Reports > Inventory > Inventory Value.
The inventory report is immediately viewable. - Click Download to download the report in Excel format.
The report will display the following:
Field | Description |
---|---|
Item name | Descriptive and unique identifier assigned to each item in inventory. |
Quantity | The total number of a specific item that you have on hand in inventory. |
Price | The retail price of the item to be sold. |
Retail price | The quantity on hand, multiplied by the retail price of which the item will be sold. |
Cost | The cost paid to acquire the item to be sold. |
Total value | The total value of that item's inventory on hand. (Quantity x Cost) |