Stock - Valuation - Valuation by Rotation (3 1 0)

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Physical Stock is the amount of Stock you physically hold up to the Report End Date currently set.

This field Cannot be Changed from here.

Actual Value is the sum of your Under Bond Value + Duty Paid Value less the En Primeur Value.

This field Cannot be Changed from here.

RH&D is the total of any Receipt, Handling and Despatch Charges.

• Is the Stock Value In-Bond or Duty Paid?
  • The Report will show both. Because the Stock Value changes depending on it's Duty state the system shows Duty separately.
  • This means that if you have 50 Cases Underbond and 10 Duty Paid the Report will show a Value of £x and Duty of £y.
  • The true Product Valuation is £x+£y.
    
    
• If you Only Hold Stock Under Bond but Duty is showing.
  • Depending on your Warehouse it may be that an Order has been Returned/Rejected.
  • In this case Duty will be shown as the Goods can only be brought back in Duty Paid.
  • It is now correct that the Product Value is the 'Stock' Cost + Duty Paid.
    
    
• If you Only Hold Stock Duty Paid.
  • If this is the case then you will need the Cost column from the Report and the Duty Column to get the Stock Valuation.
  • The Duty Per Single on this Report is calculated by taking the Singles Per Unit, Litres Per Unit, Country and the Duty Code from the Product and calculated the Duty from the Excise Duty Rate Values set up against that Duty Rate that was valid at the time of the transaction.
  • If the Country against the Product is a NON-EC Country it then takes the same Values as above, but instead of running them just against the Excise Duty Rate it will run them against the Customs Duty Rate as well and combine the results into what is displayed on the Report.
  • The Duty Paid Price Per Case/Bottle is taken from the standard Selling Price on the Product, and the Underbond Price Per Case/Bottle is this Duty Paid Value minus either the Excise Duty (i.e the Duty Rate x Litres of Liquid or Alcohol as specific on the Product and Duty Code) or the Excise and Customs Duty if the Product has a NON-EC Country of origin.
  • These columns are related to the Product Prices whereas the Duty Paid and Underbond Value columns are taken from the Value of the Stock on the Stock Record, which will have been set when the Stock was Landed or Stock Adjusted. They may not be the same. 
    
    
• You can filter down the results on the report by entering value on any of the columns and choosing a filter type.
  • Remove the filter values to see all the original results again.

• Click the button to refresh the report and make sure you are looking at the latest date