Inventory Aging

Overview

The Inventory Aging date is commonly misunderstood. Because of this we have put together an explanation of how that is calculated here: 

  • Aging DEPENDs on the ledger.  So ledger must be completely recorded

  • You CANNOT have negative inventory in ANY bin.  

  • Inventory NET MOVEMENT column should be the same as the TOTAL of the aging report.

  • Aging is based on which BIN it was received in first.  



Example,  for an Item X


Receiver 1234

Bin A

Date 10/1/2025


Receiver 5678

Bin B

Date 12/1/2025


1 if the Ship Doc 1234 is picked from Bin B then the remaining Inventory will be dated 10/1/2025 because it will still be in bin A


2 if you do a bin move (transfer as well) from Bin A to Bin C on 11/1/2025 then the aging will remain as 10/1/2025 , we try to roll up the original date.


3 if you 0 out the inventory in a bin through an adjustment or count and then readd it on 11/15/2025 on another adjustment or count on 11/16/2025 then the date of that inventory will be 11/16/2025.