On the Tally Gateway, after selecting the Company, press F12 to get the "Master Configuration" menu. In that menu, select "Allow ADVANCED Entries in Masters" under the Inventories Menu. Change the value to "Yes". Then press <Ctrl> + "A" to save and go into the Stock Item that you wish to modify. On the right hand side, a new panel called "Behaviour" can now be seen, in which one of the items is "Costing Method", which you can change to "FIFO" from the default of "Avg. price"
Fifo basis set in tally7.2
they are twoo: FIFO and LIFO
On the Tally Gateway, after selecting the Company, press F12 to get the"Master Configuration" menu.In that menu, select "Allow ADVANCED Entries in Masters" under the InventoriesMenu. Change the value to "Yes".Then press + "A" to save and go into the Stock Item that you wish tomodify. Edit the stock Item & On the right hand side, a new panel called"Behaviour" can now be seen, in which one of the items is "Costing Method",which you can change to "FIFO" from the default of "Avg. price"
during inflation the best method to use inventory valuation that produces that produces that least amount of profit is
sas say on stock valuation that
First stock should consumed first and then other stock. Majority of the companies are following weighted average method to value inventories. In India, the Income Tax authorities only allow FIFO & Weighted Average Method.
Searching for help to solve ur Business Accounting assignment? Haha...so do i.....
FEFO is one of the system in stock keeping just like the FIFO, LIFO and the W/A even the HIFO.
nice questi
A valuation stock option is an agreement made to offer the option to purchase the stock at a later date. The price of the option is based on the reference price and the value of the asset in which the stock is being purchased.
Yes, the 1995 tube stock is a screechy version of the 1996 tube stock.
The present stock value evaluation is one of the methods of share valuation which does not use CAPM.
the stock investments account is debited at acquisition under both the equity method and cost method of accounting for investments in common stock