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average cost on inventory value (Read 394 times)
ddlong
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Posts: 205
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average cost on inventory value
02/18/11 at 10:33:50
 
Every month I have to run the inventory value report using an as of date because new transactions are done before the month is closed.  The change I have noticed is that although the avg unit cost shows 4 decimal places...the last two are always zero.  It makes a big difference on some items that we carry in large quantities.
 
Example :  part # 068-004  we had 4498 at avg unit cost of .3055 total cost = $1374.13.  when I run an "as of" report it changes the avg unit cost to .3100 giving me a total of 1394.38... a difference of $20.25 just on one part.  
 
Also, if you sort by class, it puts in correct class but puts part numbers in random order instead of sorting by class then by part number within that class.
 
Is there any chance of getting this fixed quickly?
 
Darla Long
EVO update 1/18/11
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Darla Long
Catalytic Industrial Group, Inc.
Independence Ks
dba 2004.1 client/server EVO Version 2020.0 08/07/20 Build Pervasive 11.3
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