Running average cost price in inventory

In a previous post we had a look at the postings that will happen in conjunction with the physical and financial voucher when accounting for inventory. On the posting of sales the COGS amount will be calculated and it will use the cost price in inventory. This cost price is a running average and it’s important to understand how it’s calculated and the effect of it relative to the inventory valuation method you are using for you products in this example i’m using FIFO/

Here is a quick walk through

 

Cheers

Lachlan

2 responses to “Running average cost price in inventory

  1. Pingback: Running average cost price in inventory – include physical value | OrganicAX·

  2. Pingback: Running average cost price in inventory – include physical value - Microsoft Dynamics AX Community·

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