Inventory Usage by Product Report

Inventory Usage by Product Report

Location: Reports > Inventory & Gift Reports

The Inventory Usage by Product Report allows businesses to track inventory usage within a selected date range and filter results by Product Line, Inventory Group, Company or Worker.

To generate this report, select a Begin Date and End Date. Choose to include all Product Lines or select specific Product Lines. You can also filter by Inventory Groups by selecting all Inventory Groups or only specific Inventory Groups.
Next, select whether to report on all workers within the company or a specific worker, then click Generate.             

Once generated, the report can be printed or exported at any time.

The report can also be sorted by the following columns:
  • Product — displays the table in alphabetical order by product name
  • Inventory Group — displays the table in alphabetical order by inventory group
  • Cost Each — displays the table in ascending order by standard cost
  • Qty — displays the table in descending order by quantity used
  • Total Cost — displays the table in ascending order by total cost
Within the table, products will be grouped by Product Line. Each Product Line section will be separated by a solid blue bar displaying the Product Line name. Within each Product Line grouping, the report will also display:
  • Total quantity of inventory usage for products within that Product Line
  • Total cost of all products used within that Product Line



The report includes the following columns:

Product - Displays the products used within the selected date range and filters applied.
Inventory Group - Displays the Inventory Group assigned to the product based on the selected filters and date range.
Cost Each - Displays the standard cost assigned to the product.
Qty - Displays the number of times the product was entered as inventory usage within the selected date range and filters applied.
Total Cost - Displays the total cost of the inventory item based on the selected date range and filters applied. (Formula: Standard Cost × Quantity)



At the bottom of the report, a totals row will display the combined total quantity and total cost for all inventory items included in the report based on the selected filters and date range.



Notes
To control whether staff can make inventory adjustments:
Go to Setup → Setup Worker Permissions, then navigate to the Page Category dropdown and select Inventory
IdeaNote: To adjust a product’s Standard Cost or update the assigned Product Line or Inventory Group, go to Setup > Setup Products

InfoNote: To quickly update a product’s Standard Cost, go to Inventory > Manage Inventory.



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