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<< Click to Display Table of Contents >> PRCHK4 Update M Avg Cost |
  
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PRCHK4 Update M Avg Cost
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<< Click to Display Table of Contents >> PRCHK4 Update M Avg Cost |
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Update Moving Average Cost With Current Standard Cost
This option will update the Moving Average Cost on the current IVTRN record and all IVPBA records with the current standard cost for the stock location. All items in the product group will be updated.
Update Moving Average Cost With Last Cost
This option will update the Moving Average Cost on the current IVTRN record and all IVPBA records with the Last Cost for the stock location. All items in the product group that meet the percentage range will be updated.
No general ledger or cost of sale records are created.
The stock value from the Stock On Hand report will need to be used, to be able to create the necessary journal entries required to update the Cost of sale and Stock In Hand accounts within the general ledger.