To value your inventory, go to ‘Reports/Inventory’.
Your inventory is valued at the supply prices of your products.
In simple stock management, you can only value your inventory at the present moment.
The supply prices used are those entered in the product forms.
In stock management with stock orders, you can value your stock at any previous date.
The supply prices used are those entered in the stock orders.
The stock is valued using the FIFO (first in, first out) method, which means that the stock value is calculated based on the supply prices of the most recently purchased products.
If you change an incorrect price in a stock order, you will need to wait 24 hours before generating a new value of your inventory from the new updated price.
At the end of the chart you can download results in a .CSV file (semicolon as data separator and UTF-8 encoding).
In this file, many product criteria are available to filter results and get a targeted valuation (ex: for a specific supplier or a category).
In this export, supply prices from product forms are listed in a specific column, to enable a valuation of your inventory at the latest supply prices.