Improved Ease of Use for Inventory
Get the perpetual average right in Inventory reporting
Hitherto, when you sold more than what's on hand (making the inventory quantity negative) and when stock was added to the system, the perpetual average cost was inflated, leading to incorrect reporting. We’ve updated the logic to display the right perpetual average to avoid this. With our updated formula, restocked products use the new batch's price, reflecting a realistic stock value.
Flexibility to assign costs to products that are added via Audit:
While adding product quantities through audit workflow, you now have the flexibility to choose from various costing methods like perpetual average price, recent procurement price, configured purchase price, or set a custom price. Previously, only perpetual average was available.
These features are already enabled for all organizations by default.