Hi AdamDI,
Thanks for your post and for providing the report screenshot.
My apologies for the late response. The Analyse Inventory Detail report displays a list of all sales orders and purchase orders that include the selected item. The list includes date ordered, date promised, amount committed, amount on order, and amount available for the selected item.
Both available and ordered stock are listed in the Available column. You are able to place an order with your supplier and continue to sell the product while the supplier completes the order. It just indicates that either the consumer will receive it or they will have to pick it up later. For example, I'm a knitter, and some of the yarn I use is quite expensive and unusual. I occasionally need to go to my local yarn store and ask them to order a certain number of skeins of a particular yarn from their supplier, as it's not something they usually keep on hand, or, let's say, I want 10 skeins of a particular yarn, but they only have 7. I'll take the 7, and they will order in the remaining 3 for me, so as the customer, I've already paid for it even though it's not actually on hand yet.
You may check out this helpful article on inventory reports to check the specific information displayed in each type of report.
If you have any other questions or need further assistance, feel free to ask.
Otherwise, if my response has answered your inquiry, please click "Accept as Solution" to help other users find this.
Kind regards,
Shella
Hi Shella
Thank you for responding I appreciate it, however this is not the problem. I am pretty well competent in using our inventory options in MYOB and how you can invoice (as an Order) items not on hand yet and in reading the information given on the reports.
Our problem is the reporting software is incorrect has has a pretty major glitch.
I repeat, the "Item Information" from our MYOB dashboard has the information correct on what is on order, what is committed and what is available. The Report itself ("Analyse Inventory - Summary") is wrong and gives other values. I just had to place an order for the same product late last week and noticed as well the "Purchase Price" came out wrong ($1.28 per unit is the cost, and what is shown in "Item Information" but on the PO "Order" it came out as $1,000 per unit), so the problem is not just the reporting software having a glitch on Stock quantities (Available and On Order) but also the item cost.
I don't think this is a user compatible fix, but seems to me IT needs to look at it and rectify from MOYB end. Since there doesn't seem to be a contact anymore for IT Help in MYOB, this is unacceptable. I was hoping a moderator could advance this issue to the MYOB IT team to fix the problem. There used to be a system where we call call and have someone run a "script" over our file and this would seem to fix these sort of errors.
Are you able to help get MYOB to action this problem?
Thank you
Adam
Hi AdamDI,
Thank you for your follow-up. As previously explained by Shella_A, the report provides a detailed analysis of your inventory. However, if the values in the report do not match your ledger records, we may need more information to address the discrepancies.
I suggest reopening the report and clicking on the values that need correction. This action will open a window displaying the transactions that influenced the report values.
Additionally, understanding how the Analyze Inventory Reports compare to other inventory reports such as the Item Transactions report and Item Register report, especially when filtered for current dates, could be beneficial.
Please review these reports to further investigate the values in question.
If you need more assistance, feel free to reach out.
Thanks,
Genreve
