Weighted Average costing method to use estimates when available


Scenario: • High volume business with very low margins Issues with current Weighted Average re-costing (via manual re-costing or inventory close): • Estimates which are used on non-financially updated receipt transactions are ignored • When negative inventory occurs current inve...

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Category: Cost Management (91)

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Running Average calculation to use PO estimates


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 paramete...

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3 Comments

Category: Cost Management (91)

STATUS DETAILS
Needs Votes