💁Agenda of the Video▶️: To share the Online Query's Answer. 🔰Question: How can I get a Report of List of Items which are differentiated by Consumable or Inventory? 📝Answer : Inventory Valuation Report. This is an inbuilt / standard report (and the... Report id is, 1001). ✅ GRN / Shipment (Received Not Invoiced / Shipped Not Invoiced)= Expected or Estimated Cost of Inventory. ➡️Related to Item Ledger Entries (in short; ILE, table). ✅ Invoice = Actual Values or Inventory Cost Posting to G/L (associated General Ledger of Items/Inventory/Stock). ➡️Related to Value Entries (table). 🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸 📍Hint: Closing Stock = Opening Stock / Inputs / GRN + Purchase (increase in the Year) + Positive Adjustment [Less (-) Dispatch + Sales (Decrease in the Year) + Negative Adjustment]. ✅ 🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸
00:00Hello friends, welcome to my channel. I am Vilan Sarmavi and today we are going to discuss a question about my website NavigationFunctionalExpert.com
00:26We are going to discuss how to differentiate items according to items like consumables and other inventory.
00:42So, first of all, we are going to talk about inventory report, which is the best report.
00:48Inventory Valuation Report. We are going to take the screen to the inventory report.