What Cost Types are available in Dimension21?
There are four cost types available in Dimension21: LIFO value of inventory based on last purchase price for the item (all transfers will use the current item price at the time of transfer). FIFO track cost per quantity for each item up to 5 different prices per product per location. AVERAGE COST item cost updated when received based on (Current QOH X Current Avg. Cost per unit) + (Quantity. received X received item price) divided by (Current QOH + Received Quantity) LAST COST value of inventory based on the most recent purchase price for the item.
