![]() The Unit Cost field is not updated if the current unit cost is higher than zero and the new unit cost is zero. If one of these conditions is true, then the Unit Cost field is updated with the value in the Last Direct Cost field on the item card. The net invoiced quantity of the item changes from negative or zero to positive.During the posting of purchase invoices, output, or positive adjustment if one of the following conditions is true:.When the item is cost-adjusted, automatically or by an Adjust Cost task.If the costing method is FIFO, LIFO, Specific, or Average, then the Unit Cost is updated in the following cases: For more information, see Updating Standard Costs. When the costing method is set as Standard, the Unit Cost field is updated whenever the standard cost is changed, and users can't edit the Unit Cost field. The chosen costing method influences when the Unit Cost field is updated. ![]() For all other costing methods ( FIFO, LIFO, Specific, and Average), the unit cost is calculated based on the average unit cost across a period of time.įor more information, see Managing Inventory Costs. ![]() ![]() As a rule, with the Standard costing method, the Unit Cost field value is based on the standard cost for the item. Each item has a unit cost that is calculated based on the company's costing method and other factors. ![]()
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