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Inventory 1

Inventory 1​

From the DockMaster menu, select Inventory Management > Inquiries > Inventory 1

This inquiry displays detailed information about an inventory item; information such as Price levels 1-5, Cost, Sales and Purchasing data, and turnover ratios is displayed.

The $ Turnover and Qty Turnover ratios are calculated using the following formulas:

  • $ Turn = Year-to-Date Cost of Inventory / Current Inventory Value
  • Qty Turn =  Year-to-Date Quantity Sold / Current Quantity On Hand