Average Cost

In order to understand how mismatch errors occur we must look at how QuickBooks tracks inventory related information. While the ‘values’ are different for each type of mismatch, the causative mechanism is essentially the same. more

Aug 4, 2016 11:30 PM General Ledger

Recently we have been seeing a 'overflow' errors unlike those commonly seen in the past. more

Jul 29, 2016 10:26 AM General Ledger 2 Comments

This article, that concludes our Inventory Accounting mini-series, provides a comparative analysis of Average-cost, FIFO, and LIFO inventory cost valuation methodologies. more

Jul 18, 2016 9:15 PM General Ledger

This article examines the concepts of how Average Cost and FIFO methodologies are applied in inventory systems, and explores how valuation differences, and COGS variations can occur when converting between methods. more

Jan 21, 2016 10:17 PM General Ledger

In this article Joe Woodard explains the impact of negative inventory upon QuickBooks' Average Cost. more

Oct 12, 2014 8:38 PM General Ledger

Joe Woodard continues his mini-series on QuickBooks Average Cost by looking at the impact of various user transactions that negatively impact the Average Cost timeline. more

Oct 6, 2014 4:06 PM General Ledger

In this multi-part series Joe Woodard teaches how QuickBooks computes and uses Average Cost, as well as how to troubleshoot various Average Cost related problems. more

Sep 30, 2014 7:27 PM General Ledger

Prevent Negative Inventory Preference 1

Intuit - QuickBooks Enterprise V15 - Prevent Negative Inventory Preference

A brief review of the new QuickBooks Enterprise 15 preference to "Prevent Negative Inventory". more

Sep 8, 2014 8:00 AM Training Center/Scaling New Heights

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