Stock Valuation methods for inventory refer to the techniques used to assign a monetary value to a company's inventory. The primary goal is to accurately measure the cost of goods held by a business foe the purpose of financial report and decision-making. Common methods include FIFO (First in First Out), LIFO (Last in First Out) and Weighted Average Cost.
Types of Stock Valuation Methods in BUSY:
1. Weighted Average
2. FIFO
3. LIFO
4. Last Purchase
5. Last Quantity In
6. Last Sale
7. Self Evaluation
8. Avg. Price (Qty. In)
9. Avg. Price (Invoice)