There is a scenario
we have 3 warehouses
main dead and WIP
now the client needs that
stock valuation in main and dead be on moving average
and in WIP be fifo.
How can this be achieved ?
Hi,
Valuation Method is applied on the Item. In the tem master, under Inventory section, you can update Valuation Method specifically for that Item.
@umair
thanks for replying
But here we have same item going through multiple warehouses.
So here the requirement is to apply valuation methods at warehouse level .
What industry is your customer in? Unless you have a long gestation period for WIP OR material price varies hourly you should not need FIFO for WIP. A bit curious. Thanks
Customer belongs to trading industry
Ill get back to u with more details
Ok, if it is just simple trade ( buy and sell) there shouldn’t be a need for WIP warehouse!