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Can Peachtree track inventory using the FIFO costing method?

Peachtree
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Question added by dana tutunji , Architect , Helou Trading Co
Date Posted: 2013/06/03
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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 

 

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