Knowledge base

Understand stock value and weighted-average cost

Separate an item’s current price list from the cost of stock already held.

Reviewed 9 October 2026

WHERE TO GO

Items → Stock Value / Reports → Stock summary

Step by step

  1. Read the current stock quantity and Stock Value.

  2. Review the purchases and opening stock that contributed to the item.

  3. Use Item Ledger to trace stock received and issued.

  4. Use Bill Wise Profit to inspect the recorded cost of a sale.

  5. After a purchase correction or replenishment, review any affected profit periods.

Example

Ten units at Rs 10,000 plus ten units at Rs 12,000 produce 20 units valued at Rs 220,000: average cost Rs 11,000. Selling two uses Rs 22,000 of inventory cost.

What to check

  • Stock Value follows recorded inventory cost, not current quantity multiplied by today’s catalog Purchase Price.

Things to know

  • Catalog prices can change without changing the carrying value of existing stock.
  • Unresolved historical costs need reconciliation; a missing value is not the same as zero.

Still stuck?

Ask Nizam for help Include your app version and the exact message you see.