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Inventory Revaluations

edited Nov 26, 2019 8:38AM in Accounting / ERP 1 comment

We want to book the acquisition of some inventory, but then on a quarterly basis we need to mark the value of the inventory to market. 

We'd like the inventory to be reflected in one GL at original cost and the difference (high or low) reflected in a second GL account.

Can we do this?  I'm not sure where you set up the reval accounts and where you can enter the unit market value.   Perhaps there's a feature we need to turn on or an optional module?

Can anyone help?

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