Use this report to review summarized physical inventory results. It helps you:
The Physical Inventory Summary report provides a high-level view of inventory before and after a physical count.
It includes:
You can run the report by:
| Column | Description |
|---|---|
| Previous On Hand | Quantity on hand immediately before the physical (based on effective date/time) |
| Item Counted Quantity | Quantity of inventory items counted |
| Related Counted Quantity | Quantity of related items (child or batch items) counted |
| Total Counted Quantity | Total counted quantity, including items and related counts |
| Counted Cost | Cost of counted items at the time of the physical |
| New On Hand | Updated on-hand quantity after the physical is committed |
| New On Hand Cost | Total cost of inventory after the physical is committed |
| Variance Quantity | Difference between expected and counted quantities |
| Variance Cost | Financial impact of the variance |