|
Presumable it's being booked into the receiving stockroom as one receipt, not two, generating one FIFO record, which, be necessity, has to be 'averaged' -----Original Message----- From: system21-bounces@xxxxxxxxxxxx [mailto:system21-bounces@xxxxxxxxxxxx]On Behalf Of Mona Ferriols Sent: 01 August 2003 05:02 To: Jbausers-L (E-mail) Subject: [SYSTEM21] FIFO Guys, Say i have two batches in my stockroom X: 5 pcs of Item A at $1 a piece 5 pcs of Item A at $2 a piece If i issue 6 pcs going to stockroom Y, my cost would be the average of of 5 pcs at $1 and 1 pc at $2 or $1.166. So i would no longer be FIFO. That is to say, if i get from two batches with different costs from a stockroom, the resulting batch in my "to" stockroom would only be 1 and this would have an average cost. Anybody knows why it is that if i issued two batches in one transaction the receiving stockroom accumulates this to 1 FIFO batch and why it averages the cost? Mon Ferriols Data Management and Control Ionics EMS, Inc. Plant 7 Tel: (049) 545-9751 Email: mon.ferriols@xxxxxxxxxxxxxx Web: www.ionicsgroup.com "ERP is not just computers and software, but PEOPLE, PROCESSES and FUNCTIONS." ########################################### This message has been scanned by F-Secure Anti-Virus for Microsoft Exchange. For more information, connect to http://www.F-Secure.com/ _______________________________________________ This is the System 21 Users (SYSTEM21) mailing list To post a message email: SYSTEM21@xxxxxxxxxxxx To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/system21 or email: SYSTEM21-request@xxxxxxxxxxxx Before posting, please take a moment to review the archives at http://archive.midrange.com/system21. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ This e-mail message has been scanned for Viruses and Content and cleared by the Mail Marshal Filtering System ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
As an Amazon Associate we earn from qualifying purchases.
This mailing list archive is Copyright 1997-2024 by midrange.com and David Gibbs as a compilation work. Use of the archive is restricted to research of a business or technical nature. Any other uses are prohibited. Full details are available on our policy page. If you have questions about this, please contact [javascript protected email address].
Operating expenses for this site are earned using the Amazon Associate program and Google Adsense.