See Also

1. Cancelling Orders
2. Recording Missing Shipments
3. Reconciling Inventory
4. Processing Returns
5. Setting Up Inventory Handling Rules
6. Viewing Available Inventory
7. Adding Inventory Information on an Item
8. Inventory Report
9. Automatic Relisting
10. Merging Inventory
11. Collapsing Purchases
12. Managing Inventory
13. Recording Drop Shipment Inventory
14. Recording Inventory Purchases
15. Profit and Loss Report
16. Reporting
17. Item Performance Statistics
18. Profit and Loss for Order
19. Sales Tax Report

Cost of Inventory Report

The Cost of Inventory report provides the information that is needed to properly complete taxes; including the total value of the inventory that is being carried.   This report will show the total cost of all inventory that you currently have, broken down by supplier.   Drop ship inventory or any inventory that has been sold is not included in the Cost of Inventory report; it only includes inventory that is currently in your possession.   To keep the numbers accurate, the cost of all inventory must be recorded as it is purchased.  

To view the cost of inventory report:

1. Open the Sell Items mode.       How?How? From the Mode selector in the lower left, choose Sell Items.

2. From the Reporting group in the ribbon bar, click the arrow under the Reports icon, and choose Cost of Inventory report.

4. The Cost of Inventory report will appear.  Click the Print button to print a copy.