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chenke01
Level 1
posted
‎May 16, 2025 07:02 AM
last updated ‎May 16, 2025 7:02 AM

Inventory Reporting - modern vs classic

Hello,

 

I think we stumbled accross a problem with modern view inventory reporting and I am hoping someone can verify and report. We have been using the Inventory Valuation Summary report (in classic view) for end of period reporting. Today we ran it in modern view and our qty. on hand changed. It looks like the modern view does not take into account "inventory adjustments" and leaves items that were removed in inventory. Thanks.

 

 

 

 

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2 Comments 2
PBJ10
Level 6
‎July 14, 2025 12:30 PM

Inventory Reporting - modern vs classic

Has there been any update from Quickbooks on whether the Modern View inventory reports takes in to account the inventory adjustments?

 

This works in Classic View, is the Modern View report fixed?

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Candice C
QuickBooks Team
QuickBooks Team
‎July 14, 2025 01:58 PM

Inventory Reporting - modern vs classic

Good evening, @PBJ10. 

 

It's great to see you back in the Community! 

 

To clarify, have you tried the troubleshooting steps below? 

 

  • Review Adjustments: Go to Vendors > Inventory Activities > Adjust Quantity/Value on Hand to check if any adjustments were made incorrectly or incompletely.
  • Verify Dates: Ensure the adjustment date is accurate and within the report's date range.
  • Examine Report Filters: Confirm that the Inventory Valuation Summary report filters are set up correctly. Check the date range and other filters that might be excluding certain transactions.
  • Balance Sheet: The Balance Sheet also reflects inventory value. Compare the inventory value on the Balance Sheet to the Inventory Valuation Summary to identify any discrepancies.

 

This will help us determine the next steps you need to take after trying these. I'll be waiting for your response! 

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