On Aug 8, 2010, at 6:35 PM, tsb wrote:

> Varying purchase prices for a single inventory item is where things
> get tricky.  I would need a way to record each purchase price and
> ledger's reporting facilities would also need to be aware of what
> method of inventory valuation I am using (LIFO, FIFO, weighted
> average, etc.).

Ledger does not automate "lot" selection in any way, such as LIFO or FIFO.
These must be manually modelled by the user, if desired.

John

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