v7 FreeBalance Help

Overview

Inventory Reports are used to monitor and manage the processes involved with the inventory items currently being stored at the warehouse. These reports will manage when to purchase new inventory items, the capacity at the warehouse, and can help to improve the efficiency of the processes used for inventory management.

Inventory Reports can perform these functions:

- Classifies inventories by user-designated groups, with subtotaling and totaling of an overall value

- Provides standard governmental reporting: i.e., it should not include information such as investment tax credit data or basis costs

- Tracks all transactions affecting the value of inventories by the original source document number and date, and the module and application in which the transaction originated

- Displays or print subsidiary ledgers of fixed inventory balances

- Produces a transaction register audit trail of all acquisitions, transfers, changes, retirements, and disposals during a user-defined time period by inventory type, department, transaction date, funding source, or purchase amount

- Provides a money total of fixed inventory purchases by their funding source and department/organization

- Provides a vendor/PO listing of inventories by vendor or in purchase order number sequence

- Produces a deletion report showing items by inventory type which have physically been disposed of but still remain on file for information purposes

- Produces a forecast of assets and inventories scheduled for replacement, based on user-specified criteria, such as useful life, scheduled disposition date, or odometer readings

- Allows reporting and inquiry of replacement cost by department or organization unit and by inventory type

- Prints reports to support taking of physical inventory by division and/or location

Below you will find a list of all Inventory Reports used during the Inventory Management Process.