Item Costing Setup Window
Defines the fiscal inventory valuation method that is used to calculate the inventory value at the end of the fiscal year.
Additional Information
You must submit an annual report that shows the fiscal inventory value. To calculate the value throughout the year, you must define the valuation method and specify the estimated consumption for work in process (WIP) in the Item Costing Setup window. Then, you must specify a valuation method for each item in the Inventory Valuation field in the Item Card window. This information is used when you run the Calculate End Year Costs batch job. For more information, see Fiscal Inventory Valuation.
Tip
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See Also
Tasks
How to: Set Up Fiscal Inventory Valuation
Reference
Item Costing Setup
Calculate End Year Costs