What inventory valuation method does MYOB AccountEdge use? Can I change it?

AccountEdge uses the Weighted Average valuation method. The total value of a particular item is divided by the number of units on hand to determine the value (cost) of each unit. For example, if you have 100 units of item Item01 and their total value is $1,000, the cost of each item is $10. (1,0000 / 100 = 10)

This valuation method is fixed and cannot be changed in AccountEdge.

This tip applies to:

Adjust Inventory window

Item Information window -- Profile view

Purchases window -- Item layout

Sales window -- Item layout

Transfer Inventory window


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