To calculate the inventory value in the Inventory Valuation report, the report begins by calculating the value of the item’s inventory at a given starting date. It then adds the value of inventory increases and subtracts the value of inventory decreases up to a given ending date. The end result is the inventory value on the ending date. The report calculates these values by summing the values in the Cost Amount (Actual) field in the value entries, using the posting dates as filters.
The printed report always shows actual amounts, that is, the cost of entries that have been posted as invoiced. The report will also print the expected cost of entries that have posted as received or shipped, if you select the Include Expected Cost field on the Options FastTab
