Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Can Peachtree track inventory using the FIFO costing method?

Peachtree
user-image
Question added by dana tutunji , Architect , Helou Trading Co
Date Posted: 2013/06/03
Upvote (0) Views (4) Followers (0) Answers (3) Report Question
Write an Answer
Register now or log in to answer.
abenezer abera
by abenezer abera , Student Counsellor , callege

yes because the peachtree using the whole costing method

Rizwan Ahmad
by Rizwan Ahmad , Accountant , Bir Al Sabia Technologies Pvt. Ltd.

Yes, Peachtree can track inventory using either one of the following costing methods.
ABC - Average Based Costing LIFO - Last In First Out FIFO - First In First Out

AMIN ABDU
by AMIN ABDU , Finance Executive , Three Sixty Estates Management

you have just select the method while you creating the inventory 

 

Write Your Answer
More Questions Like This