The description displayed on the Inventory Valuation report is for each line item and services included on each transaction. You can run the Item List to view the description added for each item and services.
Meanwhile, you can rearrange the order of columns on each report.
Open the Inventory Valuation Detail report.
Choose the Customize button.
Expand the Rows/Column section.
Click the Change columns link.
Hover your mouse to Memo/Description.
Once you see the four-headed arrow, drag the Memo/Description to the position you want.
Click Run Report.
Let me know if you have other questions. I'm just a few clicks away.