Inventory value report
You can use the Inventory value report to perform reconciliation between the general ledger and inventory.
Go to Cost management > Inventory accounting policies setup > Inventory value reports to configure the inventory value reports.
You can default the configuration for a date interval, specify a range based on a posting date or transaction time, and display the results based on a financial dimension set for more details.
In the Columns FastTab, you can specify more criteria to format the column of the report to include information such as inventory dimensions and types of ledger accounts.
In the Rows FastTab, you can select to include labor, materials, indirect, and direct outsourcing costs. Optionally, you could include the beginning balance.
After you create and configure the inventory value report, go to Inventory management > Inquiries and reports > Inventory value reports > Inventory value and select an ID, optionally set the date interval, and then select OK.
Note that if the To date is not an inventory closing date and an estimated cost exists for the items, your result might not be as accurate.
Watch this video to learn how to run an Inventory value report.