End of Year Inventory

Yearly Inventory Value

At the end of every year your business takes a snapshot of your inventory value for tax purposes. The easiest way to make sure KORONA POS does this for you is if you have our PLUS package. You can use the Automatic Report Dispatch to setup your Warehouse report to send to you on the first of every month. Please see below on how to do that.

Automatic Report Dispatch

Navigate to Settings>Automatic Report Dispatch and click ‘New’. Then select ‘Warehouse Report’ and configure it to be sent to you on the 1st of every month. Now you don’t have to worry about remembering to take your yearly inventory value on the first of the month and you have snapshots every month of what your inventory was at that point.

If you have multiple businesses or warehouses you will need to do this for each one.