3.1: Valuation Based on Number of Quantity of Products.

Valuation based on number of quantity of products.

To do this follow the following steps:

Step 1. On the menu apps, click on the inventory as shown below.

Step 2. On the new page that opens up, click on the reporting menu as shown below. Then click on the inventory Report as shown below.

Step 3. On the new page that opens up, you need to choose either option 1 or option 2 as shown below. For option 1, you are interested in the number of products at the warehouse at that particular time. For option 2, you are interested in the number of products in the warehouse as of a specific date.

Step 4. Click on retrieve the inventory quantities as shown below.

If you were to choose options 1, the following is the quantity at the warehouse at the current time.

If you choose option 2, the following is the inventory as of 30/10/2020.

The list of inventory as of 30/10/2020 is as shown below.

Next: Valuation based on the value of all products in the warehouse.