Before Start Item Cost

Before Start Item Cost (IVC) - Import

A precondition for the correct calculation of the Average / Weighted costs and of the LIFO bands is the import of the Before Start Item Costs (especially if the initial stocks have been imported as “Positive adjustments”).

The following image shows the instructions for the preparation of the Excel sheet “Import Before Start Item Cost” for the calculation of the Average Weighted Cost:

After the massive import, the data can be changed manually by accessing the “Import Before Start Item Cost (IVC)” page.

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