Reports
The Reports section provides comprehensive insights into various business aspects, facilitating data-driven decision-making. It includes four key tabs: Vendor Report, Purchase Order Report, Inventory Summary, and Inventory Valuation Summary.
1. Vendor Report
The Vendor Report tab allows users to track financial interactions with vendors over a specified duration. It presents essential metrics such as:
Vendor Name: The name of the vendor.
Billed Amount: The total amount billed by the vendor.
Amount Paid: The amount that has been paid to the vendor.
Closing Balance: The remaining balance owed to the vendor.
Users can set the duration for the report to focus on specific timeframes, enhancing financial oversight and vendor management.
Purchase Order Report
The Purchase Order Report tab provides insights into purchase orders associated with vendors within a defined duration. It includes:
Vendor Name: The name of the vendor linked to the purchase order.
Purchase Order Count: The total number of purchase orders placed with the vendor.
Amount: The total monetary value of these purchase orders.
This report aids in analyzing purchasing patterns and managing vendor relationships effectively.
Inventory Summary
The Inventory Summary tab offers an overview of inventory movement and status over a specified duration. It includes key inventory metrics:
Item Name: The name of the inventory item.
SKU: The stock-keeping unit identifier for the item.
Quantity Ordered: The total number of items ordered.
Quantity In: The number of items received into inventory.
Quantity Out: The number of items sold or removed from inventory.
Stock On Hand: The current stock available.
Committed Stock: The quantity allocated to pending orders.
Available For Sale: The quantity available for immediate sale.
This summary helps in maintaining accurate inventory levels and ensuring adequate stock is available for customer demands.
Inventory Valuation Summary
The Inventory Valuation Summary tab provides insights into the financial value of the inventory over a specified duration. Key metrics include:
The Reports section serves as a vital tool for monitoring and analyzing various business activities, including vendor management, purchasing, and inventory control. By providing clear and organized data, it helps organizations make informed decisions, optimize resource allocation, and enhance operational efficiency.
Purpose of the Reports Section
This report is essential for assessing the value of inventory assets and supports financial reporting and strategic planning.
Item Name: The name of the inventory item.
SKU: The stock-keeping unit identifier.
Stock On Hand: The quantity of items currently in stock.
Inventory Asset Value: The total monetary value of the stock on hand.
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