Tag Archives: most recent cost

Last Cost and Most Recent Cost in Sage 300

For inventory evaluation and trends two Costing methods are very efficient which are Last Cost and Most Recent Cost. Going further, in this blog we will discuss about difference between Last Cost and Most Recent Cost. New Stuff: Difference between Standard cost and Average Cost in Sage 300 Most Recent Cost The most recent cost is updated… Read More »

Different Costing methods in Sage 300 ERP

An inventory valuation allows a company to provide a monetary value for items that make up their inventory. Inventories are usually the largest current assets of any business, and proper measurement of them is necessary to assure accurate financial statements. If inventory is not properly measured, expenses and revenues cannot be properly matched and a company… Read More »