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Scenario • Running Average Cost calculation where numerator or denominator is negative or denominator equals 0 • Item master price is not set / equals $0 • Price of items varies by PO Issue: • Inventory value is inaccurate Proposed Solution: • Provide a system parameter to use PO estimates as opposed to using Item Master price when calculating inventory value

Category: Cost Management
STATUS DETAILS
Needs Votes

Comments

A

This enhancement would be crucial to having our inventory values be correct at all times, regardless of when inventory recalculations or closings are completed. Without this, margins in a high volume/low margin business will be skewed which could cause a material impact on our financials released each month.

Category: Cost Management

A

I think we need to do this so we know our avg at any one time.

Category: Cost Management

A

Great idea!

Category: Cost Management