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Hi,
I am using Moving average valuation method. I am unable to understand the following :
scenario is as below:
Amount = 3000
Qty=20
Cost Price= 150
latest purchase was at=200
In the item Master card under the Manage Cost the price is shown as 200. as in below screen shot
where as the actual calculated cost which is 150 is shown on the On-hand inventory as shown below
I want that 150 should be shown under The Manage Cost instead of 200 also when i issue from a movement journal then cost of 200 is being picked up.
any help would be highly appreciated.
Regards,
Sanam Khan
Uncheck Latest cost price. When checked will update Price with last receipt price which is 200 in this case.
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