Stock Level report list stock item's quantity available in a particular warehouse.
There are multiple reports available you can check for item's stock level.
You can access this report from
Stock > Main Report > Stock Projected Quantity
This report list item wise - warehouse wise stock level of an item considering all the stock transactions. With Actual Quantity of an item, it also provide other details like:
Projected Qty = Actual Qty + Planned Qty + Requested Qty + Ordered Qty - Reserved Qty
The projected inventory is used by the planning system to monitor the reorder point and determine the reorder quantity.The projected Quantity is also used by the planning engine to monitor the safety stock levels. These levels are maintained to serve unexpected demands.
Having a tight control of the projected inventory is crucial to determine shortages and to calculate the right order quantity.