The document discusses the inventory issuance and receipts process. Inventory is booked using the FIFO cost method, which is calculated automatically by the system. Proper application, updating, and computation of the cost method is important to ensure accurate inventory valuation.
The document discusses the inventory issuance and receipts process. Inventory is booked using the FIFO cost method, which is calculated automatically by the system. Proper application, updating, and computation of the cost method is important to ensure accurate inventory valuation.
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato XLSX, PDF, TXT ou leia online no Scribd
The document discusses the inventory issuance and receipts process. Inventory is booked using the FIFO cost method, which is calculated automatically by the system. Proper application, updating, and computation of the cost method is important to ensure accurate inventory valuation.
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato XLSX, PDF, TXT ou leia online no Scribd
Inventory issuance process/Inventory receipts process
WCGW Control description
Ii6-Cost method is improperly applied, updated and computed Inventory is booked using FIFO method of costing which is calculated automatically by the system.