Item - Inventory Tab

Items > Item Management > (Select Item) > Inventory

This tab is available on items with the Inventory attribute.

Screenshot of the Item Inventory Tab as described on this page.

Costs

The Costs section shows actual recorded costs of the item as it is received, adjusted, produced, etc.

  1. Posted Date - click to sort by posted date

  2. Building - click to sort by the building that recorded use of the item

  3. Quantity - click to sort by the absolute value of the quantity of the base unit of measure included in the action (receipt, production, adjustment, etc.) Note: to avoid rounding on base unit of measure price, TITAN will separate a count of 1 to absorb the cost difference. Ex. Case price = $35.97. Case count = 100. Cost per unit = $0.3597, which rounds to $0.36. $0.36 x 100 = $36.00. Therefore, TITAN will record 99 units at $0.36 and one unit at $0.33. ($0.36 x 99) + $0.33 = $35.97.

  4. Quantity Remaining - click to sort by the quantity remaining in inventory

  5. Cost - click to sort by the cost per base unit of measure recorded in the action using FIFO

  6. USDA Food - click to sort by whether or not the item in the action had USDA Food value attached using FIFO

  7. < > - click to scroll through pages

  8. Cost of Goods Account - select the Cost of Goods Sold Account (expenses of items sold). Note: This is linked to the Expense Account field on the Purchasing tab

  9. Asset Account - select the Asset Account (value of on hand inventory)

  10. Close - click to return to Item Management without saving changes

  11. Save - click to save changes