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Moving Average Price

Hi, I'm not exactly sure if this is the right place to post this, but I hope it is. While entering new materials for my company I was at the accounting part and where I was supposed to enter a Moving Average Price, I missed it and left it blank. I have saved the material without a moving price and when I go back to edit it, it is grayed out. Is there any way to edit it that I'm not aware of?

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1 Answer

  • Posted on Sep 28, 2007 at 03:58 AM

    Dear Michael,

    Once after recieving some Good's receipt for a certain Quantity of that parrticular

    material,the cost gets updated automatically in that field.

    This keeps on varying by the relation Total Value of the incoming / Total Stock =

    Mov.Avg .Price.

    Regards

    Mangal

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