Introduction
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Moving Average formula :
( ( Current Moving Average Cost * Current Balance Quantity ) + ( New Transaction Price * New Transaction Quantity ) ) / ( Current Balance Quantity + New Transaction Quantity )
Moving Average Cost is calculated by company. Thus, the Moving Average Cost for an item will be the same across the entire company.
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- Goods Received Note (GRN)
- Purchase Return (PR)
- Stock Adjustment (ADJ)
- Trade In
- Sales Return (SR) : if it's configured to use Invoice MA Cost
- Supplier Consignment (In and Out)
- Customer Consignment (In and Out)
Transactions that consume the Moving Average Cost :
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