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How to confirm if FIFO or Average is the Cost Accounting Method being used?

edited Jun 2, 2025 2:30PM in Search / Reporting 1 comment

We have our inventory costing method default set to FIFO. However, when I look at the stock ledger or the transactions, it appears to be using an average cost, with advanced receiving. How can I best confirm the accounting method being used?

Betsy Vance, Versare Portable Solutions, Minneapolis MN

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