inventory value not showing in reports properly

Hello there, j.vonstetten.

I understand your frustration with the inventory valuation summary not displaying correct values for certain items.

When running the Inventory Valuation Summary report, it'll only show the SKU, QTY, Asset Value, and Calc. Avg. With that, showing the wholesale value is unavailable.

You can manually calculate it using the wholesale calculator. Check this link for more details: https://quickbooks.intuit.com/global/tools-and-templates/wholesale-price-calculator/#.

I've added this article to help you manage your inventories:

• Setting up Inventory
• How to create and use a products and services list

Let me know if you have other questions about the inventory report. I'm always here to help. Take care.

Hello Mabel,

Why is it only showing in part of the column for some of the sku's, but not all. How can I fix that?

I've attached a photo of what my report looks like right now.

It's good to have you back, j.vonstetten.

I can help you figure out why some of the SKU's not showing in part of the column.

It could be that the SKU information for the item hasn't been entered, causing it to not show in the report.

You'll want to review the data entry to ensure that SKUs are being entered consistently for all items.

I've added some resources you can check that will help you manage your inventory and keep track of them:

• Adjust inventory quantity on hand in QuickBooks Online
• Use reports to see your sales and inventory status

Keep me posted if you need further assistance managing your inventory in QuickBooks. I'll be here to provide you with the support that you need. Keep safe.

Hello,

We went in manually yesterday and entered everything, as well as checking all the listings for information.

Everything is consistent on COGS and price, etc. Except for some sku's it's not reflecting, and other's it is. Are you able to see the picture I shared? That's what it's doing.

Thanks for the prompt response, j.vonstetten. I appreciate you for attaching a screenshot of how it appears on your inventory valuation reports. I'm here to share some troubleshooting steps to fix the issue you're having with your reports.

One of the possible reasons why you're having issues with your reports can sometimes be caused by a stored cache and cookies in your browser. Let's try accessing your QuickBooks Online (QBO) account through an incognito window to determine if it's a browser-related issue. Here are the shortcut keys:

• Google Chrome: press Ctrl + Shift + N 
• Mozilla Firefox: press Ctrl + Shift + P
• Safari: press Command + Shift + N

If the private browsing session works, you can go back to your regular browser and clear the cache to improve the program's performance. Otherwise, using other supported browsers can be a good alternative too.

However, if the issue persists after performing the steps above, I recommend reaching out to our Technical Support Team. One of our experts has the necessary tools to check your account securely and perform a screen-sharing session to conduct further investigation into this behavior.

Moreover, you may also visit this article to learn more about tailoring your reports, displaying particular accounts or customers, and configuring the layout for precise data placement: Customize reports in QuickBooks Online.

I'm always around and ready to help if you have more questions about managing your inventory reports in QBO. I'll be here to lend a helping hand. Stay safe.

@j.vonstetten 

Do you have a cost for those items that are showing an asset value of $0.00?  Post a screenshot of the product setup screen for one of those items.  Also, you can double-click on the $0.00 asset value on the report and QBO will show you the details of how it's calculating $0.00.  If you set up items at $0.00 cost and then manually add them to inventory, that is what the report will look like.  The report probably isn't messed up, it's more likely how you're entering your inventory.  Are you using bills or expenses when you purchase inventory?  If not, how are you adding quantities to your inventory items?

The Inventory Valuation Detail report requires that you add items to inventory with a cost using a bill, expense or check.  You can add them manually using an Inventory Quantity Adjustment but you need to have a cost for the product. If you don't, the report will look as your does.     

Hello,

This is how it looks in the products and services for our Dragon Blends Fire Massage and Muscle Oil in the attached file.

The cost shows as 5.50.

But if I pull it up on a inventory value summary or detail, it's showing as 0.00.

Hello,

In the incognito window it still looks the same.

@j.vonstetten 

Run the Inventory Valuation Summary report.  Click on the '0.00' under the CALC. AVG column for the Dragon Blends Fire Massage and Muscle Oil.  That will show you exactly how it's calculating 0.00.  It will show how inventory was increased and at what cost and how it was decreased and at what cost.  Somehow, all inventory on hand for that item has been added to inventory at $0.00/ea.  Post a screenshot of that report.      

Hello,

Here is a screenshot of what i get when clicking on zero. It reflects 0.00 in a single item snapshot.

When I pull up the product information where I put in the COGS, this is what I get:

It correctly reflects a COGS value of 5.50 here, but not on the inventory valuation summary. 

What do I do now?

@j.vonstetten 

I forgot to mention that under 'Report period', you need to select "All Dates'.  The report you posted is just for one day (1-7-24).  Repost the screenshot including all dates.    

Hello,

Here's the valuation report posted again with "all dates" selected. 

@j.vonstetten 

That's not the correct report.  You need to click on "CALC. AVG" for the Dragon Fire Massage and Muscle Oil, then select 'All dates'.  

Hello,

Thank you for your reply, but I don't have a calc.avg option, and this is exactly the report that I want to run for the inventory valuation summary.

@j.vonstetten 

"...I don't have a calc.avg option..."

The CALC AVG option is showing on your last screenshot.  Click '0.00' next to the any of the items.  That will pull up the Inventory Valuation Detail for that item.  Change the report period to 'All dates'.  That is the report that will show you why QBO is calculating the asset value at 0.00 for all of the items on the report you want - the Inventory Valuation Summary.

So if you put the inventory in with the inventory adjustment option then on then on the inventory valuation summary report is is going to tell you that the item has a value of 0.00?  Because you did enter it with a bill or check?

I am understanding that correctly?

Thank you

Katie Lantz

So if enter an inventory item with an "adjustment to inventory" and go in and put in the cost in that way when you run the Inventory Valuation Summary that item will show 0.00 in the Asset Value column?  If you don't enter it by either a check or bill?

Am I understanding that correctly?

Thank you!

KT

so what kind of company...especially with the name INTUIT, that USED to be reputable and RELIABLE, has a problem like THIS... a critical report, that simply is "GONE/MISSING"... SINCE JANUARY OF LAST YEAR 2024...it's now nearing the end of 2025...so for OVER A YEAR AND A HALF, this issue STILL PERSISTS AND THE PHONE SUPPORT CAN DO ZERO ABOUT IT.  THEY DONT EVEN KNOW ABOUT THE REPORT (REALLY??? that's who you have answering your QB tech support calls?  people that don't even know about the reports your application should be able to natively generate???? TESTAMENT TO INTUITS NEGLECT RIGHT THERE)

and to clarify? for me, the report DOESNT SHOW UP AT ALL.. IT's supposedly a STANDARD report (meaning a native QB report) and when searched for in the magnifyer, search results show "STANDARD - INVENTORY VALUATION REPORT" but upon clicking it, i get an "oops look like something went wrong or isn't working right, try again later"....

WHAT THE HECK?????!!!!!!  A terrible terrible garbage application and an even worse company that fails to address the issues PERSISTENTLY OVER YEARS

Every other day they try to increase the price

The spam their own f***ng customers incessantly from within their own program

And yes, even basic reports and functionality ESPECIALLY ON REPORTS doesn't even work.

On quickbooks desptop I used ot be able to run a best seller report on 3 different varieties in literally 1 click, it took less than 30 seconds. 

On this bloated piece of poorly tested hot garbage, it doesn't do it by items, only sales totals, AND I HAVE TO EXPORT IT TO A WHOLE SEPARATE PROGRAM in an excel sheet to even look at and sort or order. 

It's awful.

I'm going back to desktop, or hosted desktop, or Xero, or Zoho. This is infuriating and a waste of money. I totally feel your frustration.