Inventory value in Peak

If you use "purchase order" and fill in your items with "cost price" information, and have done the same in Shopify, Peak can automatically calculate your exact inventory value in a given period. How to use the feature:

• Select "Inventory value"

• Select the period you want to see the development of your inventory value for

• You can now see both your balance sheet value, shrinkage in the period, returned in the period and the value of goods sold and received in the period

• Peak automatically extracts the inventory value based on the prices you have entered on your purchase orders and calculates an average cost price for your inventory - you can also automatically forward this cost price to Shopify so that your programs like TripleWhale and Reaktion always have the correct COGS on your items