The Inventory Balance Report is used to balance the opening and closing quantity of the inventory for an item, within a specified date range. The opening balance and closing balance are printed, along with the receipts, returns, adjustments, and shipments made within the specified date range. This report provides a high-level view of the Item velocity at the shipment and receipt levels.
The warehouse managers, inventory supervisors, and enterprise users use the Inventory Balance Report to reconcile inventory by comparing it with the transactions for the day. To access this report, the user must belong to the data security group representing warehouse managers, inventory supervisors, or enterprise users.