Products' costing method vary between "standard", "average" and "real" costing methods. fine.
But how can you specify the products' cost when doing warehouse adjustment (the opening stock balance)?
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Products' costing method vary between "standard", "average" and "real" costing methods. fine.
But how can you specify the products' cost when doing warehouse adjustment (the opening stock balance)?
The stock valuation is determined based on the current cost price for the product.
So, if you want to set the opening cost price for your stock (when doing inventory adjustment), just confirm that each product that will be adjusted has a preliminary cost price.
Try it, and you will see the stock valuation get calculated based on this preliminary cost price.
Thx this is the answer I was looking for...
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