---
title: 📊 Stocktake Essentials Part 4: Running Stocktake Reports
description: Run Stock Variance and Stock Valuation reports in Convenience. Essential reports to review before updating your stocktake.
---

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2. [Stocktake](https://help.futurenet.com.au/stocktake?hsLang=en-au)
3. [Stocktake Entry](https://help.futurenet.com.au/stocktake?hsLang=en-au#stocktake-entry)

2 January 2026

# 📊 Stocktake Essentials Part 4: Running Stocktake Reports

After adding all items to your stocktake batch, run reports to review stock variances and valuations before updating the system. These reports must be run before updating the stocktake.

⚠️ **Important**: Once you update or delete the stocktake entry batch, these reports are no longer available. Ensure you've completed all required reports before proceeding to the update. 

---

### Stock Variance Report

The Stock Variance Report shows stock levels before and after the count, plus the variance between them. **You must run this report before updating your stocktake.**

1. Navigate to the **Stocktake** tab in Convenience
2. Select **Stocktake Variance**
3. Click **Preview**
4. Save or print the report as needed
5. Click **Close** when finished

![StockVariance](https://help.futurenet.com.au/hs-fs/hubfs/KB%20Media/StockVariance.gif?width=670&height=495&name=StockVariance.gif)

💡 **Tip**: Save this report for your records before updating the stocktake, as it won't be available afterwards. 

---

### Stock Valuation Report

The Stock Valuation Report shows stocktake totals by department or as grand totals. Run this report **after the variance report but before updating the stocktake entry**.

#### Report Types

**Grand Totals Report:** Shows totals by stocktake area (overall totals)

**Department Report:** Shows totals broken down by each department

#### Running the Report

1. Navigate to the **Stocktake** tab in Convenience
2. Select **Stocktake Valuation**
3. Choose either: 
     - **Grand Totals Report** (shows totals by stocktake area)
     - **Department Report** (shows totals by department)
4. Click **Process**
5. Save or print the report as needed

![StockValuation](https://help.futurenet.com.au/hs-fs/hubfs/KB%20Media/StockValuation.gif?width=670&height=493&name=StockValuation.gif)

---

### Reviewing Your Reports

Before proceeding to update your stocktake:

- Check the variance report for any unexpected differences
- Verify high-value items were counted correctly
- Review department totals in the valuation report
- Save copies of both reports for your records

---

### Next Steps

Your reports are complete and verified. You're ready to update the stocktake and commit the new stock levels to your system.

👉[✅ Stocktake Essentials Part 5: Completing Your Stocktake](https://help.futurenet.com.au/completing-your-stocktake?hsLang=en-au)

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