The Inventory List Report is a current list of all Inventory Stock Items. The report shows stocks items along with their current values of cost and quantity. The report will list each item whether it has activity or not and therefore cannot be printed retroactively. This report will only match the General Ledger Inventory Account balance for the latest month in which there is activity.
The Inventory List by Warehouse/Showroom Report lists all Inventory Stock items that have a value in each warehouse or showroom. Since this report displays only those stock items under a showroom if the item has a value (cost or quantity) it may be printed retroactive for any month. This report should reconcile to the General Ledger Inventory Account for the month selected.