INTRODUCTION
This article discusses how the Stock Status report calculates the inventory value for each item in Microsoft Dynamics GP or in Microsoft Business Solutions - Great Plains.
More Information
The inventory value on the Stock Status report is calculated based on the following item valuation methods.
FIFO or LIFO Perpetual valuation methods
The on-hand quantity is multiplied by the cost at which the item was received.
Average Perpetual valuation methods
The on-hand quantity is multiplied by the current cost of the item.
FIFO or LIFO Periodic valuation methods
The on-hand quantity is multiplied by the standard cost of the item.
