When I run an Inventory Valuation Summary by Site report the average cost and sales price is the same across the board for all sites. How does QB compute this and is there a way to change it. It should be different for each site as the sites have different expenses for each product line as well as different sales prices.
QB desktop uses average cost, QBO uses FIFO (first-in,first-out)
In both systems separate cost streams are maintained for each 'item'
so if you buy and sell the same item at multiple locations then those costs will be blended.
Note that the 'sale price' on an inventory report is probably not the actual prices realized - use an item sales report to get the actual sales price summary.
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