Mike123456
25th July 2018, 15:27
Hi all,
For STD costing for purchased items, our system is using Avg purch price based on Current Inventory parameter.
* Current Inventory
The average purchase price is based on the following:
§ The price of a new receipt.
§ The average price of the current inventory.
APN = ((PR * QR) + (APO * ILO)) ÷ (QR + ILO)
APN Average purchase price (new)
APO Average purchase price (old)
PR Price of the new receipt
QR Quantity of the new receipt
CRO Cumulative receipt quantity (old)
ILO Inventory level (old)
I would like to figure out how to calculate ILO above to RE-CREATE this rolling APP in the LN system as we are going to do some analysis on how our inventory will be impacted based on changing.
Can anyone point me in the right direction of HOW to re-create the Inventory levels in LN per item. I am not sure what tables/sessions to look.
Thanks
For STD costing for purchased items, our system is using Avg purch price based on Current Inventory parameter.
* Current Inventory
The average purchase price is based on the following:
§ The price of a new receipt.
§ The average price of the current inventory.
APN = ((PR * QR) + (APO * ILO)) ÷ (QR + ILO)
APN Average purchase price (new)
APO Average purchase price (old)
PR Price of the new receipt
QR Quantity of the new receipt
CRO Cumulative receipt quantity (old)
ILO Inventory level (old)
I would like to figure out how to calculate ILO above to RE-CREATE this rolling APP in the LN system as we are going to do some analysis on how our inventory will be impacted based on changing.
Can anyone point me in the right direction of HOW to re-create the Inventory levels in LN per item. I am not sure what tables/sessions to look.
Thanks