Inventory Monthly Summary Report

The Inventory Monthly Summary Report provides a concise overview of monthly inventory movements. It displays the remaining quantities and values for each product, as well as the impact of different transactions on inventory during the selected period.

This report provides a clear, comprehensive view of inventory status, helping users track changes and make informed decisions on inventory management.

Importance of the Inventory Monthly Summary Report

The Inventory Monthly Summary Report helps you to:

1. Monitor the quantities and remaining values of each product accurately.

2. Track the impact of different operations on inventory, such as sales and purchases.

3. Identify shortages or excess stock in a timely manner.

4. Support decision-making related to reordering and stock management.

5. Improve inventory management efficiency and reduce operational errors.

    

How to View and Understand the Inventory Monthly Summary Report in Wafeq?

To view the Inventory Monthly Summary Report, go to "Reports" from the main menu, then select "Inventory Monthly Summary Report" under the "Inventory" section.

The report displays all inventory movements, including the type of transaction, product name and code, quantity for each movement, and unit cost.

You can also perform several actions on the Inventory Monthly Summary Report, such as:

• Time: You can select the required time period using the time filter.
• Add Filter: This option allows you to filter data by product or service, contact, or cost center.
• Export: You can export the report in PDF or Excel format as needed.