Changing Inventory Item Valuation
Sometimes it is necessary to adjust the value of items in inventory to reflect changing market conditions, changing value of commodities, and for other reasons. The following article discusses the opentaps function for viewing and changing the valuation of specific inventory items.
Reporting on Product Profitability and Inventory Valuation
opentaps provides three views of inventory and the impact of inventory on profits, which are described in the following User Manual articles:
The following reference item describes the classic formula used in Opentaps to calculate return on equity -- Du Pont formula for Return on Equity