FIFO/LIFO Job Costing

FIFO/LIFO Job Costing (Optional Module)
Job costs are reported using the FIFO or LIFO value of inventory used. Records the unit cost of each quantity of stock as it is entered into inventory. Assigns costs to jobs by pulling quantities from the different stock layers on a FIFO or LIFO basis. GL inventory is still updated using standard cost.

Key Features of QUBE FIFO/LIFO Job Costing

Set up selection of FIFO or LIFO

Can be used in conjunction with FIFO/LIFO Integrated with General Ledger module

Drill down from LIFO/FIFO stock layer screen to display the transactions creating the layer