The Item Aging Report is a very useful tool when monitoring your inventory. It will show you what items have expired on their contracts or going to expire in the next 7 days.
Unlike other reports in Ricochet, this report does not have a date picker. Rather, it automatically pulls items expired in the past 30 says and upcoming 7 days. So if an item remains expired for longer than 30 days, it will no longer appear on this list. It just remains in your inventory as-is until it's sold.
We recommend checking this report every week or so to get a clear outlook on what items are going to expire, that way you can prepare any notifications to the consignor, individually discount items, or move them to a different part of the store to hopefully drive a sale.
Keep in mind, that items expire based on the expiry period chosen in your store preferences. You can edit those in the Auto Discounts/Expiration tool.
To run an Item Aging Report:
- Navigate to Reports > Aging Report
- Because their is no date picker, the list will automatically populate. If there is no data, there are no items expiring.
- From here, you can print the list or export it as a .csv to use in your preferred spreadsheet tool.