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Assessing Item Value

When you need to determine the total value of your inventory at hand, you can run the following reports in Saasu to find this out:

Balance Sheet Report

  1. Select Reports > Balance Sheet from the main menu.
  2. In the initial filters screen, enter the date for which you would like to see the value of your inventory.
  3. Ensure All Tags is selected in the Tags pick list.
  4. Click View Report - Look for the Asset Account under Assets to which you assign all your inventory items when you add them. The value against this Asset Account is the total value of stock on hand (excluding tax).

General Ledger Report

  1. Select Reports > Accountants > General Ledger Detail from the main menu.
  2. In the initial filters screen, enter the date you started your Saasu file (or any date, even before you think you started, if you cannot remember the exact date).
  3. Ensure All Tags is selected in the Tag picker.
  4. Select the Asset Account (from the Account dropdown) to which you assign all your inventory items when you add these to the inventory.
  5. Click View Report - The balance shown at the end of the report is the total value of inventory items on hand (excluding tax).

Troubleshooting

If you run the reports and feel the figures do not seem right, there could be several reasons for this. Here are the most likely: