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FIFO Calculation on Total field of Goods Issue

Hi Everyone,

Good day!

I tried to create a Goods Issue and upon posting it I noticed the total amount(Total field). I didn't understand how it gets the amount. Can you enlighten me where does it gets the amount and how does it calculates?

I tried to simulate or create transactions using the following:


Doc 1 :   Qty - 20   Price - $10

Doc 2 :   Qty - 10    Price - $10

Doc 3 :   Qty - 15    Price - $10 


Qty - 30   Item Cost - $10.33     Total - $360.00  = ? (how this amount is calculated)

Please help me to further understand the calculation of the Total.

Your response will be highly appreciated.

Thanks and Warm regards,

Anthony M.

Former Member

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