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deb2025's avatar
2 months ago
Solved

Inventory report showing $0 when item on hand

Hi, 

I am trying to get a more accurate inventory value but there are some items we have stock on hand with a standard cost amount entered in the item entry, that show as a $0 value on the inventory value report. These are items I have added to inventory as we already had them, they haven't been added as a purchase. Is there a way I can get the buy price to show up on this report?

Any assistance is appreciated. 

  • Hi deb2025,

     

    I appreciate the screenshot you've shared! If you add an inventory item, make sure you enter both the quantity and the cost/price. If the quantity is zero, the system can't assign a value to the inventory, so your report might show zero inventory value. You can fix this with an inventory adjustment. Check out the process here.

     

     

    Cheers,

    Shella

2 Replies

  • Shella_A's avatar
    Shella_A
    MYOB Moderator
    2 months ago

    Hi deb2025,

     

    I appreciate the screenshot you've shared! If you add an inventory item, make sure you enter both the quantity and the cost/price. If the quantity is zero, the system can't assign a value to the inventory, so your report might show zero inventory value. You can fix this with an inventory adjustment. Check out the process here.

     

     

    Cheers,

    Shella

  • Hi Shella, 

    Thank you. Doing the inventory adjustment has worked. I thought I had tried that already with no result but it's now got the correct amount in the report.