Road Map: Inventory Valuation Inquiry

Use the Inventory Valuation Inquiry (IVQ) program to display the current value of inventory based on standard, actual, or average cost.

Before you run this program each time

You should run these programs: None required

You should run these programs:

Enterprise Item Maintenance (IM) to set up items for your enterprise.
Branch Item Maintenance (IMB) to set up items for your branch.
Item Cost Maintenance (ICM) to enter item costs.
Branch Maintenance (TBM) to set up branches.
Branch Groups Maintenance (TGM) to set up branch groups.
Product Class Codes Maintenance (TPC) to set up product class codes.
Inventory Account Codes Maintenance (TAC) to set up inventory account codes.
Currency Codes Maintenance (TCU) to set up currency codes.
(Optional) ABC Class Update (HAA) to define the criteria for ABC classes and assign classes (A through J) to items based on these criteria.
Output Device Maintenance (XDM) to set up the output devices you plan to use.
Date-Output Device Maintenance (ZE) to select your default output device and set whether you can override that device.

You will most likely run these programs:

Inventory Cost Change History Inquiry (ICH) to display changes to an item’s actual and average cost based on purchase orders, manufacturing orders, and other types of transactions.

Item History Inquiry (IMHQ) to display inventory, purchasing, and sales data by year.
Material History Inquiry (MHI) to display all transactions that affect the inventory of an item.
Excess/Obsolete Inventory Valuation (IVLU) to print a report that shows the value of inventory that has not been used or sold during the number of months you specify.