FIFO Calculation on Total field of Goods Issue
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:
GOODS RECEIPT PO:
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,