Different costing methods can be used to value inventory and determine cost of goods sold in Sage 300 Inventory Control. The costing method is assigned to Account Sets (IC Options / Account Sets), and account sets are assigned to items.
Therefore, it is possible to have different items being costed in different ways. Following is a brief overview of the most common costing methods:
For a more detailed review of these and other costing methods, check out our training session on Inventory Control Costing Methods and other topics by scrolling to the bottom of our training page. You can also see another blog post on the Difference between Last Cost and Most Recent Cost Still have questions? Give us a call at 866-436-3530 or email firstname.lastname@example.org. We’re here to help!