Inventory•IAS 2
Inventory
Items, warehouses, receipts, issues, transfers, costing, NRV, write-downs, journals, and reports.
Track inventory items and warehouses, process movements, calculate FIFO, weighted-average or specific-identification costs, assess net realizable value, post write-downs/reversals, and sync inventory valuation into reports and compliance outputs.
Workflow
Item and warehouse setup
Receipts, issues and transfers
Cost formula calculation
NRV write-downs and reporting
Outputs
Inventory valuation
Movement ledger
COGS and write-down journals
IAS 2 disclosure support
Management Decisions
Monitor obsolete stock, margin impact and working-capital exposure
Connects with the wider platform
Standalone product, shared compliance evidence.
Inventory can be purchased and operated on its own. When combined with other Clarevon products, its journals, schedules, disclosures, controls, audit evidence and compliance signals flow into the same Accounting Compliance Center, reporting engine, audit trail, ERP integration layer and AI assistant.