Residual Quantity Field, LIFO Band Table

Displays the quantity of items left in inventory after year-end adjustments have been applied. The residual quantity value is calculated by subtracting the absorbed quantity value from the increment quantity value. The difference between the starting and ending quantities is automatically applied to the previous year’s outstanding increment quantity value until the residual quantity value equals zero.

Tip

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Parent Tables

Table	Location
LIFO Band Table	Italy Local Functionality
LIFO Band Table	Italy Local Functionality

See Also

Other Resources

Learn About Costing
Close Years and Periods
Report Costs and Reconcile with the General Ledger