The average cost price, which is calculated using the following formula: (Total Financial cost amount / Total Posted quantity). ...

The average cost price, which is calculated using the following formula: (Total Financial cost amount / Total Posted quantity). The cost price represents the value at which one unit of the item is picked from inventory the next time that the invoice is updated. To include physically updated quantities and values in the average cost price calculation, select Include physical value on the Inventory model FastTab in the Item model groups form. To use the standard cost price, select Standard cost in the Inventory model field.
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