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Price Variance

The Price Variance report will show all items within a selected date range that had a price change and showing you the %  swing in price. This report will help determine if there are any items that have a huge price change that you would want to investigate and determine if you need to talk to your suppliers about getting a better price.

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Header Detail
Item Description The item that is being reported on.
UOM The reporting unit of measure for the item.
Current The current cost of the item.
Average The average price of the item. Average = total quantity purchased / total purchases.
% +/- The % =/- is change in price for the respective field (average, minimum, maximum) compared against the average.
Min Lowest price of the item in the selected date range.
Max Highest price of the item in the selected date range.
% Swing