Inventory report without reversals

Is there report that would show me the beginning balance, movements, ending balance of inventory but without the reversals?

Try this one:
SELECT T0.[ItemCode], max(T0.[Dscription]) Descr,
(select top 1 T.[Quantity] from  DLN1 T
   where T.ItemCode=T0.Itemcode order by T.DocEntry desc) LastQuant,
max(T1.[DocDueDate]) LastShip
FROM DLN1 T0
  INNER JOIN ODLN T1 ON T0.DocEntry = T1.DocEntry
WHERE T1.[DocType] ='I'
  and not exists
  (select * from DLN1 t inner join ODLN o on o.docentry=t.docentry
         where t.ItemCode=T0.ItemCode
           and datediff(D,o.DocDueDate,getdate())<45 )
GROUP BY T0.[ItemCode]
ORDER BY T0.[ItemCode]

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