| A | B |
|---|
| Inventory Valuation Detail report | Report that displays all transactions affecting each inventory |
| Sales Discounts | Reduction of invoice amount due when customer pays by a specific date. |
| Enter Bills window—Items tab | Window used to record purchases and receipt of inventory items. |
| Adjust Quantity/Value on Hand activity window | Window used to adjust quantity or value of inventory as a result of damage or loss. |
| Item List | Contains a file of all inventory items. |
| Pay Sales Tax window | Window used to remit sales tax collected from customers to the appropriate state tax agency. |
| Purchases by Item Detail report | Report that displays each purchase transaction for inventory items. |
| Inventory Stock Status by Item report | Report that displays the on-hand status of every inventory item. |
| Sales by Item Detail report | Report from the Item List that show sales information for each inventory item. |
| Sales Tax | Tax collected by a retailer from a customer on sales of goods. |
