On which Base the Quickbooks Accounting Software manage Inventories. FIFO, LIFO or AVG Inventory?

It calculates AVG method for managing inventory

FIFO & LIFO both are used but most of times FIFO

Quick Books Accounting Software Manage Inventory on FIFO Bases

usualy avg but some organization use fifo

It Calculates on AVG Value of Inventory Basis.

It maintain on FIFO Basis....

QB is very weak for inventory and it doesn't give you any way to track by FIFO or LIFO. it will give you units only.