(ITR users running the Eagle OS operating system only)
Use the topics in the Enhanced Inventory Ratios book to help you set up your system to calculate more accurate inventory ratios (GMROI, Turns, and Sales to Inventory). With Enhanced Inventory Ratios, ratios are based on average quantity-on-hand (QOH) rather than current QOH, which means that inventory ratios are unaffected when QOH is low (i.e. just before a large order is placed) or high (i.e just after a large order is received). In addition, Sales and Cost of Goods Sold (COGS) are based on a designated number of months rather than on year-to-date values. This enhanced calculation of Sales and COGS eliminates the possible understatement of ratios that can occur early in the year when some items may not have not sold yet, or have sold very little.
Enhanced inventory ratios print on the Inventory Valuation Report (RIV) and on the Item Status Report (RIS), as well as display in the History tab of Inventory Maintenance. , and in the Item Sales History viewer.