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LIFO Cost Rollup

Posted on by 20
How do you update costs in Business Central when set items are set as LIFO?
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  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 68,395 Super User 2024 Season 2 on at
    LIFO Cost Rollup
    Hi, here is a detailed explanation that I hope will give you some tips.
     
     
    Thanks
    ZHU
  • Suggested answer
    Inge M. Bruvik Profile Picture
    Inge M. Bruvik 32,744 Moderator on at
    LIFO Cost Rollup
    Simply speaking it will allocate the cost for the last purchased  unit that is avalible in your inventory.
    You can read more about the design details here.
     
    Date  Qty Price
    1 november 2023 1 10,00
    2 november 2023 1 15,00
    3 november 2023 1 17,00
     
    So if you have these inventory movement and you sell them on 3 different sales ordre. 
    The first order will have a cost of 17, the secound a cost of 15 and the 3de one a cost of 10.
     
    Hope this helps.
     
    Please follow up with more detailed questions if you  have any.

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