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Former Member
Aug 01, 2008 at 07:32 AM

Moving Average Inventory Valuation

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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

Raghy