For the Average Costing method, inventory adjustments accumulate for
manual review by a cost accountant before posting records to the matching tables. This allows cost
accountants to adjust cost at the aggregate item level and cancel out adjustments.
The Sterling Selling and
Fulfillment Foundation Average
Costing functionality includes:
- Defining
inventory costs within Sterling Selling and
Fulfillment Foundation
- Capturing relevant costs during purchase order
execution and sales execution
- Ensuring that
the correct and most current costs are passed from Sterling Selling and
Fulfillment Foundation to
a target financial (A/P, A/R and G/L) application
- The
ability to view the current monetary value of inventory within Sterling Selling and
Fulfillment Foundation at
any point in time