Inventory Extractors BF and UM

[Former Member]

When we talk about valuated and unvaluated stock when filling the setup tables what do we mean? Thanks

[Former Member · Accepted solution]

Hi nitesh,

In inventory management valuated stock means stock which will be valued and taken into account in the balance sheet and unvaluated stock which is not valuated means no financial value as being made to that stock

for eg: if we are having 100 pc of a product in our warehouse and out of which only 90 pc are saleable or say they are in good condition we valuate them but still we have the count of 100 pc in our inventory account or stock register so here the 90pc are the valuated stock and 10 pc are unvaluated stock.

usually valuated stock will be taken into account when calculating closing stock in the balance sheet.

thanks i think its helpfull....this is my understanding still wait for further feedback on this.

thanks and regards

NEEL