HI ,
I AM USING STANDARD COSTING METHOD AND I HAVE A PLAN CHANGE TO AVCO . IS IT MAKE ANY ISSUE FOR MY PRESENT STOCK OR ACCOUNTING ? LOOKING FOR YOUR MOST VALUABLE FEEDBACK . THANK YOU
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I think: The existing standard cost will be starting point for average cost calculation. The first goods receipt will calculate new average cost.
Good pratice: Test and documet in a copy of production database before doing changes like that.
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