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How to calculate stock ageing?

  • December 18, 2019
  • 3 replies
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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.

Best answer by fabioventuruzzo

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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3 replies

fabioventuruzzo
Do Gooder (Former Employee)
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  • Do Gooder (Former Employee)
  • 12 replies
  • Answer
  • December 19, 2019

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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  • Author
  • Do Gooder
  • 1 reply
  • December 20, 2019

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?


fabioventuruzzo
Do Gooder (Former Employee)
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  • Do Gooder (Former Employee)
  • 12 replies
  • December 20, 2019

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


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