Hello,
I am having some difficulty with MOM 5.0. My Cost of Goods Sold is showing 0 for all my products even through some products have already been shipped. Does anyone know what I need to do to get the Cost of Goods to be accurate?
Thanks in advance.
Kevin
MOM Inventory Cost Problems
Started by kevinm, Jun 17 2004 10:07 AM
1 reply to this topic
#2
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Posted 17 June 2004 - 02:16 PM
You need to do invetory adjustments to give them a cost value. If you enter new items and give them inventory without setting up an intial cost value the entire batch will be valued at zero until you receive new products. Then it will depend on your invetory costing system you chose ie LIFO, FIFO, etc.
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