The inventory value report setup gives the option to have versions of the report based on the purpose of the report focus. The report can concentrate on the reconciliation between the inventory and inventory account, the work in progress (WIP) account, the deferred cost of goods sold (deferred COGS) account, and the cost of goods sold (COGS) account, in addition to the report design for columns and rows.
As shown in the following screenshot, to access the inventory value report setup, go to Cost management | Inventory accounting policies setup | Inventory value reports. To create an inventory report, click on New or press Ctrl + N and enter the report ID and report description. On the General tab, you can predefine ...
