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FIFO/LIFO Integrated with General Ledger (Optional Module)
Inventory transactions are recorded to the General Ledger based on FIFO or LIFO principles. Records the unit cost of each quantity of stock as it is entered into inventory. Assigns inventory transaction costs by pulling quantities from the different stock layers on a FIFO or LIFO basis.

Key Features of QUBE FIFO/LIFO Integrated with GL

  • Ties general ledger record values to inventory value supported by FIFO/LIFO layers
  • Can be used in conjunction with FIFO/LIFO Job Cost module

 

Copyright 2001 QUBE Software Tuesday, December 11, 2001