So there is no "shoring up" at end of year to get more accurate costs in the weighted average? I still don't know what to do with the accounting entry to keep m...
I use QBO so I track my inventory outside of QB in an excel spreadsheet that uses average cost for inventory value. I reconcile my Raw Materials and Finished Go...
So even thought we sold all the inventory that was at a lower cost and are now selling inventory at only the higher price there is no adjustment that can be mad...
Thanks for your response! So is this correct:I remove the journal entry that posted the original amount from the Fixed Asset Printer Original Cost account and t...