Hi,

Pls. advise me how to setup the cost for FIFO parts ?  

e.g below is my bill of material 

Parent part is  PART-01      -  Valuation method is "STD"  (Standard )

Component is  COMP-01    -  Valuation method is "FIF"  (FIFO)

Component is  COMP-01    -  Valuation method is "FIF"  (FIFO)

Component is  COMP-01    -  Valuation method is "FIF"  (FIFO)

Above is new part number.  try to Setup cost for FIFO item in order to calculate the standard cost for parent part.

Thanks