Hello Dears
I have this case which I need to Raise my inventory Cost based on Purchases
Ex:
Item "X"
Quantity "100 Each"
Valuation Method "Moving Average"
Item Cost "10 GBP/ Each"
Total Cost = 100 x 10 = 1000 GBP
Each Period the Company Pays to the government Fees to get license to sell that product
License Fees = 500 GBP
So we need to distribute the "500 GBP" over the "100 Each"
New Item Cost = (1000 GBP + 500 GBP)/ 100 Each = 15 GBP/ Each
Is that Possible ??