Unit Cost on Item table

generic

V 5.0 sp1

For Fifo costing.

When does the unit cost get updated and how does it the amount.
If you look at cronus Item 18960-S Athens

It's fifo costing with unit cost of 741.964. How does it get that value?

Thanks.

Divya

FIFO Method is basically, the items that were purchased first are always sold first. Might be u have purchased that item 18960-S Athens with the cost 741.964 at first.

AdamRoue

Create a new part with FIFO costing, then walk through the stages, book some lines in at different costs, invoice the items at different stages at different costs, sell some, each time look at the unit cost, you can drill into and see the average cost calculation. Then run the adjust cost item entry routine.

bbrown

"Unit cost" gets updated by the "Adjust Cost" process. It is calculated on net invoiced quantity and is calculated if net invoiced quantity is greater than zero.