Just ran an RAD report because I could not figure out why my appreciation was so low. Now I'am $10,184.00 on $317k inventory. Don't know why my month end reports were so screwed up. I need a beer and I'll try to figure it out tomorrow. YIKES
Question? How do the on order parts, with a lower cost, get treated during PMU in regards to appreciation?
i.e., just got an invoice (6/1/22) for wiper blades that were ordered prior to the PMU, which were not OH at time of PMU, and we were charged the 'old' cost.
Will the OH and OO parts all be calculated together in regards to appreciation?
Would it be necessary to look at all the parts that were on order prior to the price update and provide an additional 'appreciation' figure to accounting?