FIFO Method

ULI
ULI Member Posts: 6
edited 2002-07-11 in Navision Financials
Hi all ,

I have problem the " unit cost" calculation using FIFO method when I sold.
Example :

Purchase 22-06-02 = 5 @ 500 = 2500
Purchase 25-06-02 = 3 @ 550 = 1650
Sale 27-06-02 = 2 @ 600 = 1200

When I sold it , the unit cost become = (2500+1650):8 = 518.75 Isn't right ?
It should be the unit cost 500 .
How Should I do if I want the unit cost isn't average method but FIFO.?
Could you help me ?

Thanks a lot of

BR
uli

Comments

  • Quasimodo
    Quasimodo Member Posts: 45
    You have to run the jobs: Adjust Cost-Item Entries and Post Inventory cost to G/L. As long as you don't run these jobs, your unit cost will not be evaluated by FiFo.

    Michael

    <small>[ 11-07-2002, 05:06: Message edited by: Quasimodo ]</small>

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