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Former Member
Aug 01, 2008 at 07:32 AM

Moving Average Inventory Valuation


Hello Everyone

I have doubt on the inventory valuation methods as to how an item cost is arrived at by the various methods Moving Average,FIFO and Standard methods.Also after some transactions if i change the valuation method(which is allowed) what effects does it have or if this is the wrong forum please redirect me.Please throw some light on this issue.

Thanks in advance