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#12513 - 05/01/08 03:08 PM Inventory costing
Henry Offline
Adagio Scholar

Registered: 03/28/08
Posts: 86
Loc: Burnaby, BC. Canada
How difficult is it to change the costing method for inventory from FIFO to average cost? The company has been set up and has been operating using FIFO since Adagio was implemented.

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#12515 - 05/01/08 04:54 PM Re: Inventory costing [Re: Henry]
Softrak Support Offline

Adagio Action Team

Registered: 03/09/99
Posts: 11670
Loc: Vancouver, BC Canada
Hi Henry,

You can change the control account set on the item from the one that uses FIFO to a different one that uses Average Cost.

The 'difficulty' comes in that currently you can only do this one item at a time.
_________________________
Regards,
Softrak Tech Support

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#12516 - 05/01/08 06:05 PM Re: Inventory costing [Re: Softrak Support]
Steve Schwartz Offline
Adagio God

Registered: 03/10/02
Posts: 4549
Loc: Wynnewood, PA
Hi Henry

See this rather lengthy thread on PlusCommunity:

http://www.pluscommunity.com/ubbthreads/...age=1#Post33605

Regards

Steve

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