Changing inventory method

Owned by Knowledge Assistant
Jul 02, 2020
1 min read
Description of Issue

Can inventory method be changed from Normal Average Cost to FIFO?

Context

Inventory Management

Cause


Resolution
  1. All pick tickets, requisitions, and purchase orders would need to be issued, posted, and received.
  2. All inventory items would need to have an adjustment transaction entered through the Inventory Transactions program to bring the QOH to zero. 
  3. Update the inventory method in Inventory Settings.  All users would need to be off the system when this is done.
  4. All inventory items would need to have receipt transactions entered to bring the QOH back up. 

Professional services can also be contacted to make this change for you.  This would be a billable service, and you can request a quote for it by clicking on the RFQ specification document link that's under section 2 on our Tyler Community website. 

Additional Information