Average cost Vs Unit cost

lallylally Member Posts: 323
Hi,


Mt environ ment is Nav 4.0 sp3.

My item costing method is FIFO.

I done some purchase trqansaction and sale transactions.

AICE is running and Automatic cost posting = yes

But i observed one thing the fields Average cost and Unit cost has same value.

Can i know what is the difference between these fields exactly and when these fields will change.


throw some light on this.......... :-k
lally

Comments

  • Alex_ChowAlex_Chow Member Posts: 5,063
    If you push F1 on the Unit Cost field, it will give a very complete explaination.
  • lallylally Member Posts: 323
    Alex Chow wrote:
    If you push F1 on the Unit Cost field, it will give a very complete explaination.


    Thanks Alex,

    The fields Average cost and Unit cost F1 help is diffeerent .
    But when we do transactions it showing the same value .

    That is what i want to know from you .


    Thanks and regards
    lally
  • DeepDeep Member Posts: 569
    Search for the topic "Costing Method" in the online help index.
    There you can learn exactly how the average cost and unit cost are calculated.
    Regards,

    Deep
    India
  • santoshmkcetsantoshmkcet Member Posts: 229
    Lally please do read the material for MANUFACTURING 4.0
    U GET ALL THE DETAILS
    Thanks & Regards
    Santosh
    Where Stones can be transformed to Gold
  • KlauKlau Member Posts: 15
    If you have always set in the "Automatic cost adjustment" field (inventory setup form), unit cost and average cost will always have the same value.

    This setting will adjust the cost, updates the average cost in the unit cost and therefore, you don't need to run the ACIE process.

    Regards,
    Klau
    México
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