Home › Discussions › Questions & Answers › Checking Inventory Period Summary Status
Customer · · Questions & Answers · 5 replies
We need to find all inventory accounting periods that are either still open, or closed but haven’t been summarized yet. This is important for our month-end inventory value reports. Which Blitz Report should I run?
You should use the CAC Inventory Periods Not Closed or Summarized report. This report is designed to identify these exact scenarios.
Why is ensuring the periods are summarized so important for efficient reporting?
When you close the inventory accounting period, the Period Close Reconciliation Report creates a very useful month-end summary of inventory quantities and balances. This summarized information can be used to create efficient month-end inventory value reports.
Does this report rely on organization hierarchies set up for period control?
Yes, the report automatically looks for hierarchies that might be used with the Open Period Control and Close Period Control Oracle programs, searching for translated values of ‘Close’, ‘Open’, or ‘Period’ in the Hierarchy Name.
Sign in with LinkedIn or Google to take part.
