This activity is used to print a report that calculates a summarized inventory value based on at least one criteria. The summarized value is calculated by either selecting a cost type or a cost set (when IFS/Costing is installed) in the Summarized Inventory Value Report dialog. The values for cost types and cost sets can be selected from the drop-down available.
When ordering the report for a previous period using the cost type Inventory Value, the values will be calculated based on the historical inventory value for the given period. This is to enable reconciling the values against the general ledger based on criteria that can also be used as control types in posting control for the inventory, i.e. the M1 posting type. When ordering the report using any other cost type or any cost set for a previous period, the system will use the historical quantities but the current value for the respective cost type or cost set.
You can choose to include or not, the details about the inventory parts which meet the specified selection criteria. You have the possibility to choose whether the parts will be displayed in the report or as a summarized inventory value. If all parts are shown in the report, the following values are shown per part: part number, part description, quantity on hand having a W/D/R number, unit of measure, quantity, and inventory value.
To print a report that calculates a summarized inventory value, use Summarized Inventory Value Report command from Inventory Value per Period page and Summarized Inventory Value Report dialog will open.
As a result of this activity, the system will print a report.