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How the inventory value on the Stock Status report is calculated in Microsoft Dynamics GP

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INTRODUCTION

This article discusses how the Stock Status report calculates the inventory value for each item in Microsoft Dynamics GP or in Microsoft Business Solutions - Great Plains.

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More Information

The inventory value on the Stock Status report is calculated based on the following item valuation methods.

FIFO or LIFO Perpetual valuation methods

The on-hand quantity is multiplied by the cost at which the item was received.

Average Perpetual valuation methods

The on-hand quantity is multiplied by the current cost of the item.

FIFO or LIFO Periodic valuation methods

The on-hand quantity is multiplied by the standard cost of the item.

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Keywords: kbnosurvey, kbmbsgp10,, kbfreshness2007, kbentirenet, kbexpertiseinter, kbhowto, kbinfo, kbexpertisebeginner, kbmbspartner, kbmbsmigrate, kb

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Article Info
Article ID : 850168
Revision : 1
Created on : 1/7/2017
Published on : 3/28/2016
Exists online : False
Views : 193