Costing

bobwebb1967
bobwebb1967 Member Posts: 5
edited 2004-08-06 in NAV/Navision Classic Client
I've heard that when using FIFO costing if you make a manual positive adjustment to stock the cost used is the last purchase price and the next sale will take this cost not the true FIFO cost - is this correct?

Additionally is it true that Navision uses an estimated cost for sales during the month and then posts adjustments as part of the monthly inventory posting?

I know this is bitty but I'm new to Navision and seem to have some major issues, please help.

Comments

  • kvb
    kvb Member Posts: 107
    I think it will be better for you to study "Inventory Costing" manual 8)
  • bobwebb1967
    bobwebb1967 Member Posts: 5
    Any idea where I can get one online? The site is in Spain, I'm in UK, and no one there can help.
  • kvb
    kvb Member Posts: 107
    I can sent you this one,
    just write your e-mail.

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