Inventory: Difference between "Total Inventory Value" and "Total Inventory Value by Unit Price"
Just wanted to be certain that Total Inventory Value = Cost price of inventory
vs.
Total Inventory Value by Unit Price = Selling value of inventory
...or does it mean something different.
This is via Reports>Inventory Summary
Thanks!
Comments
2 comments
Total inventory = is the inventory you have one hand multiplies by cost price
Total inventory value by unit price is the inventory you have on hand multiplied by unit price
Thank you for the verification 😊
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