On hand (or) Availability of an item in the Past - 9.1.2

Hello everyone,

We have a scenario, in which we want to identify the ON- Hand (or) Availability of a specific Item in the Past.

For example, i need to know, what was the On Hand of an item on 4th November 2014.

Is there any applciation (or) Report exist in our current JDE to track the above.

If not, can some one tell me the logic for the above scenario.

Thanks,

Abdul Basith