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Sep 19, 2023 at 09:52 AM

Perpetual Cost Method

35 Views Last edit Sep 19, 2023 at 09:55 AM 3 rev

Greetings,

Please is there a method by which the Bydesign system uses the current (instead of average) inventory value and receipt of the material to determine valuation cost.

The standard cost method would not work as it would need to be manually updated every time there is an update. While the moving average method only uses average value.