Inventory Costing Setup

Inventory Costing Setup provides additional functionality within the Inventory module.

The additional functionality within the Inventory module which includes being able to set the following parameters:

  • The stage at which latest and weighted average costs can be updated.
  • Whether costs are kept in all currencies set up for the business unit.
  • If movement costs are updated online or via a batch process.
Note: Only one inventory costing setup can be defined per business unit.