FIFO - Need to Know Correct Cost of Item

When you drill down on the item ledger, you'll be able to see the exact cost for each transaction layer.

I think there is a little confusion on what FIFO means. FIFO is only used when the item is sold, consumed, or negative adjusted. When this happens, the amount that's posted to your COGS is taken out based on FIFO.

So you don't look at your "value" in FIFO, in addition, Navision will show you the proper cost for each incoming transaction irregardless of the costing method you're using.

Hope this clears it up for you.

COGS = Cost of Goods sold
Value = Inventory Value

no problem.