SOFTWARE
How each platform reports inventory turnover.
Not a cost comparison. A directory of the report name, the menu path, the costing basis, and the one caveat that catches CFOs out, for the ten systems a finance team is most likely to be running when they pull a turnover number.
This site computes inventory turnover from numbers you already have on your trial balance. The page you are on now is for the moment after: you have a ratio, and you need to explain why your ERP reports a different one. Each entry below describes how that platform builds the ratio (or the components of it), so the reconciliation is short.
Mid-market ERP
- NetSuite - Inventory Turnover Report (SuiteAnalytics).
- Sage Intacct - Inventory Stock Status and General Ledger reports.
- SAP Business One - Inventory Turnover Analysis Report (Inventory module).
- Microsoft Dynamics 365 Business Central - Inventory Turnover Analytics (Sales & Inventory Forecast extension).
Accounting
- QuickBooks Online - Inventory Valuation Summary plus Profit & Loss.
- Xero - Inventory Item Summary plus Profit & Loss.
Inventory
- Cin7 - Inventory Movement and Stock-on-Hand reports.
- Fishbowl - Inventory Turnover Report and Inventory Valuation Summary.
- Zoho Inventory - Inventory Summary plus Sales by Item.
ERP
- Odoo - Inventory Analysis dashboard and Stock Valuation.