Asset Value in ZOHO inventory valuation report
Hi there,
I would like to know how does calculate the unit cost when we purchase an item and receive it from a bill.
Below is an example we have question with.
As of 18th Sep, we have 7 qty remaining for item A with unit value $7.59.
We purchased 20 qty more, and received in stock from bill
9119T92726 part1, on 19th Sep. The unit purchase value recorded on the invoice is $12.61, however the unit cost in inventory valuation report shows $8.716.
Please could you advise how does the zoho calculate unit cost for an item in inventory? Thank you.
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