Chapter 2.1 – Costing Method

Chapter 2 – Understand the Costing Method Chapter 2.1 – Costing Method There are several possible inventory costing methods, which are: a) first in first out method (FIFO)     – first goods purchased are also the first goods sold. b) last in first out...

Chapter 1.1 – What is Inventory

Chapter 1 – Inventory Chapter 1.1 – What is Inventory Inventory is one of the most important assets of a business because it is a primary source of revenue and earnings for shareholders. 1) What is Inventory? Inventory, which consists of raw materials,...

AutoCount Stock Training Note

AutoCount Stock Training Note Chapter 1 - Inventory 1.1 What is inventory? 1.2 Types of inventories Chapter 2 - Understand Costing Method 2.1 Costing Method 2.2 FIFO Costing Method 2.3 LIFO Costing Method 2.4 Weighted Average Costing Method 2.5 Difference between FIFO...

Chapter 9.2 – Change Code

Chapter 9 – Asset Import & Change Code Chapter 9.2 – Change Code Change existing asset codes to a new code. There are 2 types of asset codes can be changed: Asset Asset Type Click Asset Register > Change Code. 1. Change Asset Code: Change asset...