Overview
This screen displays the Item Average Cost values, which are calculated by the system.
Application
A division configured for weighted average uses this screen to view the Average Cost of an Item in the Division.
Setup
System Setup > Division Master > Cost Method (Weighted Average Cost)
Fields
Cost Method: Select Weighed Average Cost Method.
Navigation
Inventory Management > Inventory Item Average Cost Quantity
Fields
Division: Identifies the specific Division that this record is associated with.
Item Number: The identifier for a given part under which the item is tracked in Inventory.
Item Description: User defined description. This description is displayed throughout the Rootstock product in combination with the associated Item Number.
Quantity On-Hand: Any transaction that affects the Stock Location quantity whose Stock Location Type is 'O'(On Hand) for a given division will update this field.
Inventory UOM: Unit of Measure for this item as it pertains to inventory. Other units of measure are used for Engineering, Purchasing and Order Entry.
Quantity Consigned: Any transaction that affects the Stock Location quantity whose Stock Location Type is 'C'(Consigned) for a given division will update this field.
Quantity Non-Nettable: Any transaction that affects the Stock Location quantity whose Stock Location Type is 'N'(Non Nettable) for a given division will update this field.
SEE ALSO
Inventory Item Average Cost Quantity Actual Costs Tab
Inventory Item Average Cost Quantity Usage History Tab
Inventory Item Average Cost Quantity Last Avg Costs Tab
