This section describes the specifics of accessing and interpreting the Inventory Variations report.
Opening Report
You can find the report at Reports > Accounting > Accountant Reports > Inventory Variation. For more information, see Viewing Reports.
Viewing Report
The Inventory Variation report is a custom variant of a standard inventory report. The report automatically calculates the possible inventory variation amount and allows estimating the inventory accuracy. The report is specifically designed to calculate inventory calculations to be accumulated by the APlus Store Systems Manual.
The report provides the following values and calculations:
- Book Inventory: The current book inventory value.
- Physical Inventory: The current physical inventory value.
- Short\Over: The difference between the physical inventory and book inventory.
- Allowable Percentage Difference = Number of days between the current physical inventory and last preceding physical inventory * 0.1%.
- Allowable Difference = Current Physical Inventory * Allowable Percentage Difference
- Inventory Variation = Actual Inventory Difference - Allowable Difference
For more information on additional report features, see Reports.
