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#13933 - 08/11/08 09:28 AM Inventory Item Valuation Report
EdW Offline
Adagio Buff

Registered: 06/10/08
Posts: 57
Loc: Langley
Is there a reason the Item Valuation Report will only calculate and display the four valuations (actual, mrc, selling and std cost, or whatever you choose) when the valuation date is set to the current (actual system) date? When you backdate the valuation date field, even one day, the only valuation you get is the actual cost. (ver 81A 070825)
Thank you for your help.
_________________________
Regards,
ed@cascadiasystems.ca
Langley BC

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#13935 - 08/11/08 11:43 AM Re: Inventory Item Valuation Report [Re: EdW]
Softrak Support Online   happy

Adagio Action Team

Registered: 03/09/99
Posts: 11543
Loc: Vancouver, BC Canada
Hello Ed,

The 1 line per item, Item valuation report was added because of suggestions made to improve Inventory Control.

If you want the extra information, I suggest that you use Crystal Reports for Adagio to create a Custom Report
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Regards,
Softrak Tech Support

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#13936 - 08/11/08 12:13 PM Re: Inventory Item Valuation Report [Re: Softrak Support]
EdW Offline
Adagio Buff

Registered: 06/10/08
Posts: 57
Loc: Langley
Thanks for the info, but what I meant to say is that the report does produce the information just like the old Plus IC, which was sufficient, but only when the valuation date is the system/current date. If you simply change the valuation date to say the last day of the previous month, holding everything else constant, the report drops out the other valuations and gives you only the actual cost valuation. Seems strange that it would do that. Can't really see the need for a custom Crystal report.
_________________________
Regards,
ed@cascadiasystems.ca
Langley BC

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#13938 - 08/11/08 12:25 PM Re: Inventory Item Valuation Report [Re: EdW]
Retired_Guy Offline
Adagio Master

Registered: 03/16/99
Posts: 10504
Loc: Canada
Hi Ed,

If you look at the information stored in the Item History file, you'll see that only changes to actual cost are recorded there. We do not store changes to Standard Cost or Most Recent Cost or the price changes. We have no way of knowing what the most recent cost was on the date you select, when it is in the past.

This report is designed to allow you to print a report where the cost of inventory will agree to the number in the general ledger, if you forgot to print your item valuation report at month end. The number is calculated by backing out the historical transactions from the current numbers stored with the inventory item.

Why would the other columns be useful?

PS - This capability did not exist at all in ACCPAC Plus.
_________________________
Andrew Bates

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#13941 - 08/11/08 12:34 PM Re: Inventory Item Valuation Report [Re: Retired_Guy]
EdW Offline
Adagio Buff

Registered: 06/10/08
Posts: 57
Loc: Langley
That sounds reasonable enough. I'll pass the info along.
Thanks again.
_________________________
Regards,
ed@cascadiasystems.ca
Langley BC

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