We're new to QB Enterprise and I had a question on inventory valuation when using lot tracking.
Suppose we purchase:
Lot A = 5 units purchased at $1.00
Lot B purchased later with volume discount:
Lot B = 20 units purchased at $.50
We now have a significant percentage of our inventory that should be valued at $.50 and a smaller percentage that should be valued at $1.00. My question is, behind the scenes, will QB average that value over all 25 units, or will it keep the value per lot?
I hope that makes sense! Thanks.