Re: Average Costing

"Simon Sherwood" <Simon-juV7kg0qJ37PydImBSVqg073wzpk4OL60Fzj8UutsXo@public.gmane.org>
Newsgroups gmane.comp.systems.as400.jbausers
Message-ID <5D686C3403174E3CB20D4D3FDCF89E5A@Simon>
Hi

I had been told that this was not now supported by Infor. I looked at 
average costing recently and found that it was not really a true weighted 
average which was required, so we did not consider the landed cost element. 
It worked very much on latest costs, so the company decided to go for FIFO 
costing and landed costs work perfectly with this.

Good luck

Simon Sherwood
----- Original Message ----- 
From: <[email protected]>
To: <SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected]>
Sent: Tuesday, September 23, 2008 7:45 PM
Subject: [SYSTEM21] Average Costing


>
> We are using Style and currently utilize Standard Costing.  I have been
> asked to look at the possibility of moving to average costing, but we need
> to also track the landed cost as part of the valuation.  Is anyone doing
> anything like this?
>
> Richard Caldicott
> Director of Implementations
> & Efficiency
> Tandy Brands Accessories
> 817-548-0090 extn 146
> _______________________________________________
> This is the System 21 Users (SYSTEM21) mailing list
> To post a message email: SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected]
> To subscribe, unsubscribe, or change list options,
> visit: http://lists.midrange.com/mailman/listinfo/system21
> or email: SYSTEM21-request-Zwy7GipZuJhWk0Htik3J/[email protected]
> Before posting, please take a moment to review the archives
> at http://archive.midrange.com/system21.
>
>


--------------------------------------------------------------------------------



No virus found in this incoming message.
Checked by AVG - http://www.avg.com
Version: 8.0.169 / Virus Database: 270.7.1/1686 - Release Date: 23/09/2008 
07:38


_______________________________________________
This is the System 21 Users (SYSTEM21) mailing list
To post a message email: SYSTEM21-Zwy7GipZuJhWk0Htik3J/[email protected]
To subscribe, unsubscribe, or change list options,
visit: http://lists.midrange.com/mailman/listinfo/system21
or email: SYSTEM21-request-Zwy7GipZuJhWk0Htik3J/[email protected]
Before posting, please take a moment to review the archives
at http://archive.midrange.com/system21.
lmpx.com only provides a reader for public news (NNTP) servers. It is not affiliated with the servers or forums shown here and is not responsible for the content of articles, which is written by their respective authors.