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What do the figures of the Inventory On Hand Report represent?

Setup

  • Retail POS for Mac or PC

Answer

  • Current Stock- the total amount of items in your inventory
  • Inventory Cost-  the sum of the cost of all the items On Hand 
  • Item Value- the Average Cost per item
  • Reorder Point- the amount of stock triggering a reorder
  • Reorder Amount- the amount of stock you will be reordering

Additional Information

Can I view the Retail price of my products in an Inventory Report?

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