Inventory | Inventory Valuation

Inventory is money sitting on shelves. The valuation view answers the question your accountant asks quarterly and your insurance asks annually: what is the stock actually worth? Available on the Enterprise plan.

How the number is built

• Quantity on hand per item per location, multiplied by

• Cost — the cost per item from the product, or the unit costs recorded on your purchase orders (PO costs are the more honest number; keep them current — see Inventory | Purchasing & Purchase Orders).

The valuation reads live from current stock, so it drifts with every sale, delivery and count adjustment — no separate report to run.

Using it well

• Record costs at receiving time — a PO without unit costs is a hole in the valuation.

• Big swings week to week mean receiving or counting issues, not market moves — see Troubleshooting | Stock Numbers Don't Match Reality.

• Cycle count before valuation dates (quarter ends) so the number you file is the number on the shelves.

Tips

• Pair valuation with the ABC classes in Inventory Planning: your A-items should dominate the value column; if C-items do, you're warehousing the wrong stock.