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FIFO



Our new client is interested in tracking inventory.  Since their inventory fluctuates frequently, as they buy and sell quickly, it is crucial that inventory can be tracked according to first in - first out (FIFO) method to determine COGS.

Does LedgerSMB currently track according to FIFO?
If so, how is it done?  What needs to be set up to use it?
If not, how can it be implemented?

Thanks.
Brian


Brian Wolf
Activus Technologies
Phone: 410.367.2958
Email: ..hidden..