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How to calculate stock ageing?

  • 18 December 2019
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In IFS 8, is it possible to calculate the stock ageing if the raw material is maintained in a single line(not lot batch wise, material is shown in a single line,lot batch as “*”)? I have seen if we use the FIFO method for the costing, it properly costed as the first in first out. If there is any table used for this what is the name of it? so i can use that table and calculate the stock ageing in the BI Tool.

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Best answer by fabioventuruzzo 19 December 2019, 12:33

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You need to analyze the INVENTORY_PART_COST_FIFO tab (FIFO-LIFO Analysis in the navigator). There you can see sequence, quantity and unit cost of all transactions to build up a quick-report you are looking for.

 

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Hi,

 

Thank you so much for the answer regarding FIFO. I have a small doubt, is it possible to take the same information for the Parts with costing method Weighted Average?

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No, only when you have FIFO as valuation method that table is created/updated. 

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