01
Stock on a date
Every item's quantity on a recorded date, today, and the change in between.
Year-End Stock Value
Year-end stock value, as it really was on that day.
The stock count is done in January, but the auditor wants the value on the last day of December. Otiox shows every item's quantity on any recorded date, and values stock from FIFO cost layers as of that date — next to the inventory accounts in the ledger, so differences are explained, not discovered.
app.otiox.comFig. 00
Accounting · valuation
Stock as of the year end
Quantities and FIFO value on a date
MeasureAs ofNote
Stock valueFIFO layersThat day's costs
Inventory accountsLedgerSame date
DifferenceExplainedShadow items
Agreed with the books
Value
Pick the date, read quantities and value.
Year end without a recount.
01The Challenge
The auditor wants December. It's already January.
Stock moved since year end. The value is rebuilt from counts, receipts and guesses, and the figure in the balance sheet never quite matches the warehouse.
- 01Year-end stock rebuilt after the fact
- 02Value from today's costs, not that day's
- 03Ledger and stock disagree
- 04Differences found by the auditor
02SEE IT IN OTIOX
The same situation, in the product.
Real screens from the Otiox demo workspace, step by step.
- 01
Stock on the date
Every material's quantity then and now.
- 02
Value on the date
FIFO stock value next to the inventory accounts and the difference.
03
How It Works
Purpose-built features that solve these exact problems.
02
FIFO value as of a date
Stock valued from the cost layers that existed that day.
03
Ledger side by side
The inventory accounts on the same date and the difference.
04
Explained differences
Stores in shadow mode and items not on FIFO are named.
04
What You'll Gain
Tangible improvements that impact your bottom line.
- 01Year end without a recount
Quantities taken from history.
- 02The right cost
That day's layers, not today's prices.
- 03Agreed with the books
Differences shown and explained.
- 04Faster audit
One date, one view.
05
Real-World Scenarios
See how this works in practice.
Scenario 1
Balance-sheet stock
Raw materials and finished goods on the last day of the year.
Scenario 2
Mid-year check
Value on the last day of a quarter.
Scenario 3
Shadow period
Comparing FIFO with the current costing method before switching.
06
The Transformation
From chaos to clarity.
Before
- Rebuilt from counts
- Today's costs
- Books and stock disagree
- Auditor finds the gap
After
- Quantities from history
- That day's cost layers
- Ledger side by side
- Differences explained
07
Frequently Asked Questions
Quick answers to common questions.
01How far back can I look?
From the day history recording started; history is archived permanently.
02Which costing method?
FIFO cost layers where FIFO is live; other items show their method.
03Why might stock value and ledger differ?
Stores in shadow mode and items not on FIFO are not booked from layers; the page says so.
04Can I export it?
Yes — the valuation exports as CSV.
Year-End Stock Value
Ready to transform your year-end stock value?
See how Otiox can solve your specific challenges.