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Inventory Valuation Method

  • May 13, 2025
  • 1 reply
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Hello,

I need a help to under Inventory Valuation Method and its types standard Cost, weighted avaerage, FIFO and LIfo. definition or the difference.

Regards,

Kruthika

Best answer by matt.watters

This would be too lengthy to summarize in a post. Best is to read the About documentation here.

https://docs.ifs.com/ifsclouddocs/24r2/MaintainInventory/AboutValuationMethodsAndCostLevels.htm?StandAlone=true

1 reply

matt.watters
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  • Ultimate Hero (Partner)
  • Answer
  • May 13, 2025

This would be too lengthy to summarize in a post. Best is to read the About documentation here.

https://docs.ifs.com/ifsclouddocs/24r2/MaintainInventory/AboutValuationMethodsAndCostLevels.htm?StandAlone=true