Inventory Cost Level
Hi
We currently have one Branch/Plant set up for our inventory with several Locations within that Branch/Plant. These Locations represent the physical garages that actually store the inventory items. Currently each garage/location stores the same inventory items at the same inventory cost, and we do not use lots with regards to our inventory items.
We would like to have a different inventory cost for our items based on their location (garage). If I set the Inventory Cost Level to '3' (Item/Branch/Location/Lot) on the Item Master, will this allow me to set different costs for the same inventory items at different locations, even though we don't use Lots? Do we have to have lots set up on the inventory items in order to approach it this way?