Inventory Valuation

Changing Inventory Item Valuation

Sometimes it is necessary to adjust the value of items in inventory to reflect changing market conditions, changing value of commodities, and for other reasons. The following article discusses the opentaps function for viewing and changing the valuation of specific inventory items.

• Adjust Inventory Values

Reporting on Product Profitability and Inventory Valuation

opentaps provides three views of inventory and the impact of inventory on profits, which are described in the following User Manual articles:

• Sales, Inventory, Profitability Analysis

• Inventory Valuation Report

• Inventory Value Detail Report

The following reference item describes the classic formula used in Opentaps to calculate return on equity -- Du Pont formula for Return on Equity

Inventory Locations << Manual pages >> Inventory Valuation

Purchasing (Orders Tab) << Tab pages >> Shipping Tab Processes

Procurement Processes << Section pages >> Shipping Tab Processes