LIFO/FIFO F/M (ICF410) Field Descriptions

Use these fields to create LIFO/FIFO costing layers.

1. Warehouse

Specify the warehouse. The entry must be valid warehouse.

2. Item

Specify the item number.

For each costing layer stored, specify the following fields:

3. Sequence Number

Specify the sequence number for this layer (1-99).

4. Date

Specify the date received.

5. Cost

Specify the cost at which each item was received. Press Enter to default to 0.

6. Received

Specify the quantity received for the layer. A quantity of 0 is not accepted.

Display only fields

The On Hand quantities show the number of items in the warehouse at each level.

The Allotted quantity refers to the quantity of a particular cost layer that has been confirmed for shipment, but not yet relieved by the Daily Sales Register.