Hello to all, Have a question regarding Weighted Average Cost and FIFO when returning purchases to vendor 1- Weighted Average Cost we have following purchase: 10 unit @ $20 & 5 unit @ $15 so average cost per unit is $ 18.33 = (10*20)+(5*15)/15 after that…
This is a very broad question because I'm continually amazed at how little I seem to know about this screen.
I need to gain an understanding of which are the hard numbers that come from stock transactions vs which are screen calculated numbers that…
Client has a few items with really far out Average costs. Supposed to be $1 and shows $950 Average cost. The MRC is good and last cost is good.
Is there a way to fix the average cost? There was an adjustment done a few months back that was in error…
Hi there,
in Ops Inquiry IC Item Inquiry (in Location tab) the Most recent Costing Unit does not update with the Average Unit Cost. The Source App is P/O
Issue occurred with one item only.
Any idea there.
Trying to understand units of measure and multi-packs and after reading posts here I think I may be even more confused. Sorry if I should have been able to get the answer from previous posts, but any help is appreciated!
We buy and stock an item in…
