Thank you very much kind help Cedric. Regards -Appu On Saturday, June 10, 2017 at 4:00:05 AM UTC+5:30, Cédric Krier wrote: > > On 2017-06-09 10:36, appu wrote: > > Hi All, > > > > I didn't understand the difference between Avg and FIFO. > > when i tested what i observed is if product is set with avg or FIFO cost > > price is updated > > whenever stock move in or move out. > > cost price is updated but alway with Avg stock value of the inventory. > > > > Can anyone please help me how they differ each other? > > On FIFO, there is not really a cost price defined on the product because > FIFO work at the move level. But as we need to fill the field, we fill > it with the average because it is kind of close to what FIFO does. > But if you want to see FIFO in action, you must look at the cost price > stored on each move. You will see that outgoing move is updated > following FIFO. > > -- > Cédric Krier - B2CK SPRL > Email/Jabber: [email protected] <javascript:> > Tel: +32 472 54 46 59 > Website: http://www.b2ck.com/ >
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