Nice to have you in the Community space, @ADVAP.
As of now, QuickBooks Desktop (QBDT) calculates inventory valuation using FIFO (First In, First Out) method. I can see having the LIFO (Last In, First Out) method would be a great addition to QuickBooks.
In the meantime, you can consider looking for a third-party app that has the feature you need. You can go to the App center inside QuickBooks and look for an app from there.
Rest assured our Product Developer is always looking for ways to help our users run their business seamlessly. To stay current on what they are up to, I recommend visiting our Product Updates page regularly.
In case you need to track your inventories for different locations, you can utilize this article that provides detailed instructions: Set up Advanced Inventory.
Know that I’m always around whenever you need further assistance managing your inventories in QuickBooks. Feel free to post a reply and I’ll get back to you. Have a good one and keep safe.
