Convert From Average cost to FIFO

MEM

Hi

My customer want to change his costing methode from avegare cost to FIFO.

His running on a V4 version and almost all item was mouved.

Any suggestions?

thank's

Deep

Although there are ways to change the costing method for the item by commenting the code, but it is not recommended as it may cause unexpected results in costing.

The correct way is -
* Make sure that the inventory is 0, or post adjustments to make it 0.
* Make sure that there are no open purchase/sale/Transfer orders etc.
* Run the adjust cost entries batch.
* rename/renumber the item and block.
* Open a new item with the old name/number and post the inventory as was at last for the previous item with your required new costing method.
* run the adjust cost again.

nunomaia

Deep wrote:

Although there are ways to change the costing method for the item by commenting the code, but it is not recommended as it may cause unexpected results in costing.

The correct way is -
* Make sure that the inventory is 0, or post adjustments to make it 0.
* Make sure that there are no open purchase/sale/Transfer orders etc.
* Run the adjust cost entries batch.
* rename/renumber the item and block.
* Open a new item with the old name/number and post the inventory as was at last for the previous item with your required new costing method.
* run the adjust cost again.

Yes this the traditional and safest way.

MEM

Ok thank you!

Administrator

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