camaroman wrote:So what is the right way to handle the increase or decrease in your opinion? I do a manual price adjustment and pass it on to accounting. The controller feels that we should be averaging the cost not changing it to the current GM cost. What do you guys do?
PartScott wrote:camaroman wrote:So what is the right way to handle the increase or decrease in your opinion? I do a manual price adjustment and pass it on to accounting. The controller feels that we should be averaging the cost not changing it to the current GM cost. What do you guys do?
I do the same thing that you do. Price is changed on the effective date and I let accounting know of an inventory value change...no different than a monthly price tape update.
Zep33 wrote:I don't even bother telling accounting. It shows up in the appreciation / depreciation at the end of the month anyway.
That way they can't tell me to do what they're trying to tell camaroman to do LOL
Users browsing this forum: No registered users and 43 guests