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Costing Method

Setup​

  1. Go to Stock > Maintain Stock Group

    1

  2. There have 3 method let you to assign

    1. FIFO - cost flow assumption that the first goods purchased are also the first goods sold.
    2. Fixed Costing –fixed cost where had maintain under maintain stock item
    3. Weighted Average -average cost of production to a product

  3. If you change your costing method (previously with transaction existing)

    1. Please remember must run analyse data integrity (tools | analyse data integrity) before you check the costing report again.

    2

    tip

    System will auto update from first date until current date transaction with new costing method cost….