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What is considered in the "Issued Value" of inventory turnover

  • 8 June 2023
  • 3 replies
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Userlevel 1
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Hello all,

What type of inventory transaction is considered in the calculation of the Issued Value for the calculation of the inventory turnover? Thank you!

 

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Best answer by FNSMITHUN 8 June 2023, 16:29

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Userlevel 6
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Hi @sibouc ,

It consider all the transactions which are having Inv Statistic Direction as Issue.

Regards,

Mithun K V

Userlevel 1
Badge +4

Thank you @EqeMithuV !

Shouldn’t the OEUNSHIP inventory transaction be taken into account in this list? Or is the list customizable and we can choose to add it or not?

The OEUNSHIP should create an increase quantity (positive direction) for issued inventory since you undo a shipment and you put inventory back, no?

Userlevel 6
Badge +17

Hi @sibouc,

My bad, I missed them. Yes, Inv Statistics Direction Reverse Issue will also be considered. 

OEUNSHIP belongs to Inv Statistics Direction Reverse Issue.

This list is IFS standard and cant be user specific.

Regards,

Mithun K V

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