Hello Shabir,
The inventory value report gives you the transactions that have been recorded within the date range that you select.
It does not include a separate line/column for the financial opening/closing balance from the previous/next months.
Yet, you can still use it because of the accounting identity Beginning +increases - reductions = Closing balance
If you don't like this report and/or its layout then there are other options available.
You can e.g. make use of the standard inventory value cube or you could make use of some local inventory reports (such as the ones for China) to get your opening and closing balance amounts included in such a report.
Regarding the reconciliation frequency that you mentioned:
I have not seen people trying to reconcile inventory on a daily or weekly basis. Most companies do this on a monthly basis unless there are special reasons for doing this on a more frequent basis.
Best regards,
Ludwig
