Adjustments to inventory value are made using Process Cost Tier Adjustments task. Here are some important things to know about cost adjustments :
Inventory Quantity cannot be adjusted through Cost Tier Adjustments. Quantities in the cost tiers are…
What is the difference between the Inventory Cost report and the Inventory Valuation report? Why is there an option for both Cost and Valuation in the Cost report?
The differences between the Inventory Cost and Inventory Valuation reports are primarily…
The cost tier is an important costing feature provided by IM which allows the system to track the actual cost at which an item was purchased every time.
Sage 500 stores the cost in table timCostTier . Here is the schema for that table:
A cost…
Hi there. I often talk to our customers about inventory costing and thought many of you would find this document helpful when trying to figure out how the cost for an inventory transaction was determined. So here it is:
A cost tier stores the cost…
