Inactive stock

Question

Hi - Below is my original thread with the solution kindly provided by Gordon.
Client needs a report for inactive stock - that is any stock that has shown no movement for a certain period in the past
(sales orders, deliveries, invoices, credit notes).
The fields required are - ItemCode, ItemGroup, Warehouse, Last Purchase Price, StockValue
The standard report in SBO (Inactive Items) does not give all the required info and I have no idea how to go about this.
Can anyone help with a query please?
I forgot to mention that the client is on FIFO and Gordon provided the query below -
SELECT T0.ItemCode, T2.ItmsGrpNam, T0.WhsCode, T1.LastPurPrc, T0.OnHand*T0.AvgPrice 'Stock Value'
FROM dbo.OITW T0
INNER JOIN dbo.OITM T1 ON T1.ItemCode = T0.ItemCode
INNER JOIN dbo.OITB T2 ON T2.ItmsGrpCod = T1.ItmsGrpCod
WHERE T0.Onhand > 0 AND T1.ItemCode NOT IN (SELECT Distinct T3.ItemCode
FROM OINM T3 WHERE T3.DocDate Between [%0] AND [%1]
AND T3.TransType BETWEEN 13 AND 17)
My concern is the following - The client changed over from 'Moving Average'  to 'FIFO' about  2 years ago. Is the 'stock value' still determined by multiplying Onhand with AvgPrice in case of FIFO? I have noticed that there is a field 'StockValue' in OITW. Won't that field be the correct one to use in the above query?

Answer 1

Hi,
By FIFO method, you should first track last remaining qty in the OINM table. Total value will be sum of Price * Qty of every remaining FIFO layer (just like FIFO concept).
Cheers