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[Dynamics GP:12165] Current Cost shyam nath Mon Oct 18 03:00:20 2010

Hi All.

For one of our customer, they are using "Average Perpetual" as valuation
method in Item Card. I want to know how Current Cost is calculated in
Dynamics GP.

The current cost on the Inventory card in Dynamics GP is updated when:-

a)      A PO receipt is posted

b)      A PO Invoice is posted

c)      An Inventory adjustment is made to increase quantity

d)      Or, if a user manually changes the cost value on the Inventory card.

But I am not understanding what calculation GP does when each of the above
steps taken place.

If some one can help me explain this will be thankful.