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