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Avg Cost on Items

edited Oct 29, 2007 5:31PM in Accounting / ERP 15 comments

Does anyone know at what point the Avg Cost is calculated? 

I have a situation where items are received then we get a bill for the items and sometimes the bill amount is different.  Sometimes lower or higher.  However when we enter the bill against the PO for a different amount it does NOT seem to update the avg cost to reflect the actual bill.

How would one correct the avg cost if it cannot be changed after receiving?

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