Inventory by Product Group & Summary
This article covers two tools for tracking stock value: the Summary By Product Group report and the By Product Group report.
Summary By Product Group Report
- What It Does: Stores a monthly snapshot of stock value by product group.
Where to Find It: Reports > Inventory > Summary By Product Group
- Why Use It: Tracks monthly historical stock value.
- How It Works: Pulls end-of-month value data that has been captured from By Product Group report.
By Product Group Report
- What It Does: Organises real-time stock value by group, calculates total value using average cost (AC).
Where to Find It: Reports > Inventory > By Product Group
- Why Use It: Provides real-time stock value details.
How They Work Together
- By Product Group: Real-time stock value by group.
- Summary By Product Group: Monthly historical value snapshots.
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