We started using Adagio Inventory Jan 01, 2009 - If I export a transaction history from Jan 01, 2009 to today for a particular item showing all adjustments/receipts/shipments/etc, the report shows 39.98 lbs of the item on hand at a cost of $376.01 and if you calculate the Moving Average Cost it is $9.41
If I go into the item inquiry w sales and costs/quantities it shows 44.98 lbs on hand and if I go into item inquiry/costing it shows 44.98 lbs on hand at a cost of $376.01 and a moving average cost of $8.36

The other thing that is happening with this item is the moving average cost should be $8.80 - up till Jan 21st, 2011 our cost was $8.80 - and then on 3 shipments the cost was $8.36 - nothing was received, there were no adjustments - I believe it has something to do with the missing 5 lbs.