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Checking Inventory Period Summary Status

Avatar photoCustomer October 25, 2022 at 11:09 am

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?

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    • Support October 26, 2022 at 4:50 am  

      You should use the CAC Inventory Periods Not Closed or Summarized report. This report is designed to identify these exact scenarios.

    • Avatar photoCustomer October 26, 2022 at 7:27 pm  

      Why is ensuring the periods are summarized so important for efficient reporting?

    • Support October 27, 2022 at 11:12 pm  

      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.

    • Avatar photoCustomer October 28, 2022 at 4:51 pm  

      Does this report rely on organization hierarchies set up for period control?

    • Support October 29, 2022 at 7:52 pm  

      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.

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