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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

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

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