Lifo Category Window
Specifies category codes and descriptions that are used for Last In, First Out (LIFO) inventory cost valuation. You can use this window to set up LIFO valuation methods.
With LIFO inventory cost valuation, the items that were purchased most recently are always sold first.
Tip
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See Also
Reference
Other Resources
Learn About Costing
Close Years and Periods
Report Costs and Reconcile with the General Ledger
Adjust Cost - Item Entries