With this form of valuation, the dates of the receipt and issue of goods are critical, as all entries of data about purchase and sale must follow the correct sequence of dates. If the date on any of the documents has been changed during the accounting period, or if a document has been inserted somewhere in the middle, or if you've changed the purchase value of the goods, a recalculation of valuation prices MUST be carried out prior to the automatic posting of material consumption at the latest. (see Refresh Stock).

A recalculation of valuation prices works by first sorting the documents chronologically by the date of receipt or issue, and then in the following order: Receipt Transfer Issue Within each category, movements are sorted chronologically, that is, by the date and time the line was entered.

In receiving documents with Approved status, the program does not fix valuation prices following a recalculation of movements.

Related Topics:

• Warehouse - Valuation by Average Price
• Receiving
• Issue
• Revaluation
• Credit Note from Supplier
• Credit Note to Customer