I want a report that shows me all inventory items that have not had activity for the last year.  I am doing this in IN-L-O.  So I am choosing "all inventory items" as the primary filter (because I want it to look at ALL inventory), all transaction types.  
 
I expect it to show me everything that has NOT had activity for within the specified transaction date.  However, there are indeed inventory items that I see had transactions within the last year (as specified by the transaction date).  
 
What am I doing wrong?