Print Inventory Value Comparison Report
Explanation
This activity is used to print a report of comparison
between the inventory cost of a part and its comparator values. The report
header consists of the general data (Company name, Report name, etc.) and also
it includes the report conditions (Site, Year, Period, etc.). The report body
contains all the details of the part, its quantities, subtotals for the
values of the selected control types, the total comparator type value and the
total value difference. You will be able to adjust the financial reports using
these differences. For e.g. If you find a difference between the inventory value
and the Net Realizable Value (NRV), you can adjust the general ledger
to meet the International Financial Reporting Standards (IFRS) accordingly.
You have the option of printing the reports only
for parts which have lower comparison values than the inventory values, and also
to print reports with detailed lines along with the parts.
Prerequisites
It is necessary to update the inventory part statistics
in order to get inventory cost values for a particular statistic period.
This can be performed as a background job.
System Effects
As a result of this activity, the system will print a
report which includes inventory value comparisons.
Window
Inventory
Part
Inventory Value per Period
Related Window Descriptions
Inventory Part
Inventory Value per Period
Inventory Value Comparison Report
Procedure
From the
Inventory Part window:
- Open the
Inventory Part window.
- Populate or query for the required part.
- Click the
Costs tab and then click
Inventory Value Comparators tab.
- Select the required line or lines that you wish to
print the report on. Right-click and then select
Inventory Value
Comparison Report. The
Inventory Value Comparison Report
dialog box will appear.
- Specify the year, period and the site in the
relevant fields of the Statistic Period area. You can use the
List of Values to select the preferred values.
- Specify the criteria in the Summarize Inventory
Value on Criteria list.
- If you wish to print the report with detailed lines
along with the parts, select Include parts in report check box.
- If you wish to print a report to obtain details on the parts which have lower comparison values
than the inventory values, select Only parts where comparator value is lowest
check box.
- Click Preview to view the report prior to
printing.
- Click Print to print the report.
From the Inventory Value per Period window:
- Open the Inventory Value per Period
window.
- Populate or query for the required statistic
period.
- Right-click on the header and then click
Inventory Value Comparison Report. The
Inventory Value Comparison
Report dialog box will appear.
- By default, the selected statistic period will
appear in Statistic Period area. If you want to change the
period, you can do so by specifying the desired year, period and the site in
the relevant fields.
- Select the required comparator type using the List
of Values in the Comparator Type field.
- Specify the criteria in the Summarize Inventory
Value on Criteria list.
- If you wish to print the report with detailed lines
along with the parts, select Include parts in report check box.
- If you wish to print a report to obtain details on the parts which have lower comparison values
than the inventory values, select Only parts where comparator value is lowest
check box.
- Click Preview to view the report prior to
printing.
- Click Print to print the report.