Event after record add for inline edit

Check this article: http://xlinesoft.com/phprunner/docs/insert_a_record_into_another_table.htm
Surround the query with an if statement to evaluate the condition.

I might not have been clear in my question, sorry. I have no problem uderstand how to add record - my question is more around evaluating the selection when inline edit is concerned with multiple records.
if($inline ($value['myfield']=='compared value'))
{
//so on
This is what I need assistance on.

Still looking for some assistance with this.

1. What event on the list page should the code go to evaluate the inline edited value?
   
2. Is there anything special that needs to take place to read the new value?
   As I stated above I have a list page with only one field set for inline edit. If the user changes the value for the job status to lost, I want to add a record to another table containing some of the data from the row the user changed the status of.

You need to use AfterEdit event. According to the manual you can use $values and $oldvalues arrays to access old and new values of any given field:

http://xlinesoft.com/phprunner/docs/after_record_updated.htm

So if I select multiple items from the list and inline edit them and save all changes the code reads the after edit event from the edit page for each or does it require a loop?
Do I do this for inline?

It doesn't require a loop. AfterEdit event will called for each record separately.