Infor LN & Baan Tip of the Week: New Inventory Aging Analysis Report – 10.7
A new standard Inventory Aging report can be printed in the Perform Inventory Aging Analysis (whina1440m000) session. This report is mainly based on the physical incoming and outgoing inventory movements and transactions. The date of inventory consumption or issue is compared to the date of receipt. If inventory is not yet issued, a reference date is used for aging calculation.
The report includes this information:
- Which inventory items are not frequently used or are obsolete.
- How long items have been stored in a warehouse.
- Inventory and transaction values. This facilitates the financial auditing process.
To use this new feature, an inventory aging analysis definition must be available in the Inventory Aging Analysis Definition (whina1140m000) session.