How to Read the Inventory Report

The Inventory Report is a summary of the amount of inventory a business has at the start and the end of the specified reporting period. It can be used to work out the change in value of a business's inventory which is required for certain tax entities.

Report Settings

At the top of your Inventory Report, you can find 'Report Settings', which looks like the above image. This is an overview of the settings used to generate your Inventory Report.

Country	Your tax jurisdiction. This can not be changed.
Currency	The local currency of the chosen country.
Inventory Method	The selected inventory method. You can change it on your Reports or Settings page. More details on what inventory method to use can be found here.
Cost Basis Tracking	The selected method for tracking your cost basis. This can be changed by navigating to your Settings > Portfolio & Tax.

Report Summary

This is a summary of the change in value over a certain reporting period. The Report Summary is broken down into three areas.

Total Start Value	The total value of all assets held at the stated start time of the report.
Total End Value	The total value of all assets held at the stated end time of the report.
Total Change in Value	This is the change in value of all assets held at the start of the report period as opposed to the end of the report period.

Total End Value - Total Start Value = Total Change In Value

Report Warnings

This section shows unresolved issues CTC detected that might affect the accuracy of your reports. You can navigate to the Review page of your Crypto Tax Calculator account and fix it.

Report Details

This section shows you more details, like the local country currency in which your inventory is being calculated, the timezone it has taken into account, and reasons why you may see N/A with some of your assets in the Inventory Breakdown.

Inventory Summary Report

Below the summary page, you will get down to the raw data that makes up this report. This part of the report is called the Inventory Summary Report. Each of these rows will show an asset that was held during the specified reporting period. The data for these transactions will then be broken down into seven columns.

Currency	The asset that was held during the specified reporting period.
Opening Quantity	The opening quantity (starting balance) of the asset at the start of the specified reporting period.
Opening Cost Base	The cost base of the asset held at the start of the specified reporting period.
Opening Market Value	The market value of the asset held at the start of the specified reporting period.
Closing Quantity	The closing quantity (ending balance) of the asset at the end of the specified reporting period.
Closing Cost Base	The cost base of the asset held at the end of the specified reporting period.
Closing Market Value	The market value of the asset held at the end of the specified reporting period.

Inventory Detail Report by Account

Further down the report, you will reach the Inventory Detail Report by Account, as seen in the above image. This area will break down each asset across all of your imported sources/accounts. They are broken down into six columns, as explained below;

Account	The account in correlation to the inventory breakdown.
Currency	The asset that was held during the specified reporting period.
Opening Quantity	The opening quantity (starting balance) of the asset at the start of the specified reporting period.
Opening Value	The market value of the asset held at the start of the specified reporting period for the specified account/source.
Closing Quantity	The closing quantity (ending balance) of the asset at the start of the specified reporting period.
Closing Value	The market value of the asset held at the end of the specified reporting period for the specified account/source.

Note: If you have any send transactions without a corresponding receive, those balances will not appear in the Inventory Detail Report by Account section. However, they will still be included in the report summary, which will result in a discrepancy between the values displayed.

Inventory Detail Report by Currency

The final section of your Inventory Report is your Inventory Detail Report by Currency, as seen in the above image. This area breaks down each currency's inventory. They are broken down into six columns as explained below;

Currency	The currency in correlation to the inventory breakdown.
Account	The account in correlation to the inventory breakdown.
Opening Quantity	The opening quantity (starting balance) of the asset at the start of the specified reporting period.
Opening Value	The market value of the asset held at the start of the specified reporting period for the specified account/source.
Closing Quantity	The closing quantity (ending balance) of the asset at the start of the specified reporting period.
Closing Value	The market value of the asset held at the end of the specified reporting period for the specified account/source.

Inventory Report