hello
where in IFS we can setup the period taken for calculating average inventory price?
Solved
period for calculating inventory average
Best answer by anbouk
Artur,
As per help…
https://docs.ifs.com/ifsclouddocs/24r1/MaintainInventory/AboutPeriodicWA.htm?StandAlone=true
“Note that the start date of a periodic WA update will be the same for subsequent periodic WA updates as long as an update of inventory statistics has not been performed or transactions has not been transferred to IFS Financials. This means it is possible to update the same transactions several times. You can set a new start date in Aggregate Inventory Transactions per Period or Transfer Inventory Transactions.”
Regards,
Antony
+16Artur,
Not sure exactly what process you are referring to, so can you give a few more details please?
I initially thought it was about cost control but suspect it is not!
Thanks,
Antony
hello
in navigator in Warehouse management/Financial Control we have a functionality: “Calculate Periodic Weighted Average”. When we click it the window with executing pops out, the only setup here is the choise of site.
the problem is where can we set up the period that IFS will consider in this calculation or other conditions if possible?
+16Artur,
As per help…
https://docs.ifs.com/ifsclouddocs/24r1/MaintainInventory/AboutPeriodicWA.htm?StandAlone=true
“Note that the start date of a periodic WA update will be the same for subsequent periodic WA updates as long as an update of inventory statistics has not been performed or transactions has not been transferred to IFS Financials. This means it is possible to update the same transactions several times. You can set a new start date in Aggregate Inventory Transactions per Period or Transfer Inventory Transactions.”
Regards,
Antony
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