FIFO: Reduce stock without impact to COGS value

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Posted on by Rui Gomes da Silva

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HI All, just a quick question, while using a FIFO costing method, is it possible to reduce the quantity of inventory without affecting the COGS values?

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BillurSamdancioglu 18,548 Most Valuable Professional on at

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RE: FIFO: Reduce stock without impact to COGS value

Hi,

You may try to mark with a transaction with a zero cost transaction if exist.

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Magno Pereira 2,435 Moderator on at

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RE: FIFO: Reduce stock without impact to COGS value

It depends on how the postings are configured. You can do an inventory operation to record an expenditure or loss. Thus, you can use an inventory adjustment. First of all, confirm which accounts are configured for inventory postings.

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