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.

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