The Asset Report gives you information on all your current assets, including your item's remaining stock, total cost, prices, and margins.

You can use the Asset Report to identify potential issues with your inventory and correct abnormal margins, costs, or prices. By exporting this report, you can compare this important inventory information over time.

Before beginning an inventory count, we recommend correcting and exporting your Asset Report.

Correcting your Asset Report

If you have sales margins of 100%, 0%, or a negative percentage, there is likely an error with your item's cost or price. It is important to correct these margins so you can compare your sales margins over time. To identify and correct these issues:

1. Navigate to Reports > Assets.

   

2. Click MARGIN to sort your search results by the margin percentage.

   

3. For items with 100%, 0%, or negative margins, click on the item's name and check that:
   • The item has listed prices for each PRICE field and the Default Cost field.

     

   • The item's prices are higher than the Default Cost.

     

   • The item has a Unit Cost.
     • Click Inventory and enter a Unit Cost. The item will save automatically.

       

4. Click Save Changes on the item's page.

   

5. Click Inventory Assets and make any additional necessary corrections to other items.

Exporting your Asset Report

We recommend exporting your Asset Report before beginning your inventory count, as acquiring this data after reconciling is difficult. To do this:

1. Navigate to Reports > Assets.
2. Click Export.

   

Your Asset Report will automatically download.

What's next?