EX053 Inventory Valuation and Costing

Eos Solutions’ Inventory Valuation and Costing (IVC) app allows you to implement inventory valuation “scenarios” using different costing configurations

Quick Guide

Quick guide

1Make the Item Costing Setup
2Define the costing periods
3Archive data / Calculate actual data

Introduction

Eos Solutions’ Inventory Valuation and Costing (IVC) app allows you to implement inventory valuation “scenarios” using different costing configurations. It also supports the following features:

  • Definition of calculation scenarios
  • Capability of calculating freely defined periods such as date ranges and calculation parameters
  • Valuation at average operating cost, weighted average or LIFO
  • Valuation can be carried out by article or by LIFO category, with the possibility of defining the LIFO cross article categories.
  • Valorisation for article / variant, article / lot, article / nr. of series
  • Management of additional costs aimed at full costing
  • Archive and reuse historical data such as Items , Bills of materials and Routings
  • Drill down to detailed costs to see Capacity / Components / Subcontracting costs
  • Evaluate WIP costs
  • Load pre go-live cost information to enable evaluation in the first year of adoption

Press ALT + Q e digit “IVC” for a summary of the involved functionalities:


Subscriptions

Some features of this app require a subscription.

The subscription can be activated from Subscription control panel page or directly from the notification messages that the system proposes, by clicking on the link that allows you to start the subscription wizard.

In details:

  • FREE-TRIAL-DEMO version: it’s automatically activated at first request and gives full access to all features. This trial expires after 20 days from the activation

  • FULL VERSION: it’s possibile to buy a full version that will last for 12 months following the wizard and accessing to the EOS AppStore.

See www.eos-solutions.it website for more information.


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