Inventory items may be grouped together for reporting purposes. Inventory reports use physical inventories, entered invoices and actual items sold to calculate the following Inventory Reports.
Inventory On Hand Reports calculate the theoretical inventory in stock for the selected inventory items.
Inventory Usage Analysis Reports calculate the variance by comparing the physical and theoretical inventories.
Production Reports display the quantity of an inventory item used for the selected time period.
Inventory Reorder Reports calculate the inventory items that need to be ordered based on the theoretical inventory on hand and the pre-configured par levels for each item.