The Inventory History file contains period ending balances for each product in the Inventory master file. The transactions for each product are accumulated and put into the Inventory History file each time the Trial Close Accounting Period process is run from the Closing menu.
The Inventory History file can be accessed from the Select, Inventory menu by selecting Inventory Product Balances.
This screen allows you to see, for a particular product, the ending balances for each period in a year. The ADD, UPDATE, and DELETE functions cannot be used on this screen. This screen is useful for looking at the balances of a few inventory products. If you wish to see the balances for more than just a few products, it is recommended that you run the report Inventory Activity from the Report, Inventory menu. Descriptions of the fields follow.