LIFO Band

Import LIFO bands from previous years LIFO management

Normally the LIFO bands from previous years are recovered from the old system and imported massively, using a path identical to that of the table below.


LIFO Calculation (IVC) / Costing LIFO Official Report (IVC)

Il LIFO is calculated at the end of the year; to perform the calculation it is necessary to launch LIFO Calculation (IVC).

On the page “Item Costing Period Management (IVC)” there must be a period relating to the calculation LIFO year with the “Definitive” and “Fiscal Period” flags valued at Yes.

NB: “Definitive” flag: It must be set only when the LIFO calculation is not forecast but it’s definitive. The definitive LIFO bands can no longer be changed.

At the end of the calculation process it is necessary to execute the Costing LIFO Print (IVC) report. If a filter is not applied to the item or any information related to the item, all the items with LIFO bands are printed.


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