Inventory As Of
For inventory As Of a past date, use Items Reports named, Inventory by Item Type.
Chapter 605 Inventory Reports
Inventory Reports help you track your inventory, measure sales, and reconcile results.
In the Reports tool under Items, BigBusiness 15 includes some 50 reports about items.
Among these are Inventory reports which measure Qtys and Costs of Inventory items.
Inventory items are those with Inventory checked on the Item card, which are counted, and use inventory accounting, adding cost into inventory and out to cost of goods sold.
Item Reports
Item Reports are being updated to use modern reporting for fast processing and return.
Modern reports can run on Remote Clients and across huge data sets without penalty.
When you are looking for a Report, start with the Help column to find newest, fastest.
Annual Turnover
Annual Turnover or Annual Turns is standardized in BigBusiness 15 to use 365 days.
Questions in the Q&A Tool and Reports for Items calculate this for easy comparison.
These include Q&A's like Which Items Have Turnovers Greater Than... and Reports such as Inventory Sales Analysis, Customer Sales Analysis, and Inventory Turnover.
Turns are calculated by dividing Qty Sold by Ending Qty On Hand for a Date Range. Annual Turns extends Turns by the ratio of days in a year, 365, to days in the range.
Inventory by Item Type
Break down your inventory by Item Type to see past valuations and know your cost.
Inventory by Item Type is a modern report for looking at past inventory breakdown. Item Types can change and these reports use current Item Type from each item card.
This report automatically excludes non-Inventory items, Obsolete items, and Inactive.
Inventory by Item Type Summary
Inventory by Item Type Summary shows the total cost by Item Type for three years.
Print the report to see each year end for the three prior fiscal years plus year to date. Export the report for a breakdown by quarters for three prior years and year to date.
This report excludes non-Inventory items and only includes Inactive if added in Search.