Hi everybody.
We're in the process of a major overhaul of some key parts of the
Financials application before making an official release. Part of it is
re-factoring the way inventory valuation is done so that it will support
manufacturing, returns, purchases equally under LIFO, FIFO, and Average
Cost.
I've written out the proposed scheme for doing this. Please download
and read it:
http://www.opensourcestrategies.com/ofbiz/Inventory_Valuation.pdf and
give me your feedback. If your organization has an accountant, CPA, or
CFO, it would be nice to get his/her feedback as well. Feel free to
write your comments on the list.
Thanks!
Si
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