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
Comments
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
I think we need to do this so we know our avg at any one time.
Category: Cost Management
Great idea!
Category: Cost Management