diff --git a/inventory/management/reporting/valuation_methods_anglo_saxon.rst b/inventory/management/reporting/valuation_methods_anglo_saxon.rst index b1c39c333..6a1f25b63 100644 --- a/inventory/management/reporting/valuation_methods_anglo_saxon.rst +++ b/inventory/management/reporting/valuation_methods_anglo_saxon.rst @@ -31,31 +31,31 @@ Standard Price - Delta Value - Inventory Value * - - - €10 + - $10 - 0 - - - €0 - * - Receive 8 Products at €10 - - €10 + - $0 + * - Receive 8 Products at $10 + - $10 - 8 - - +8*€10 - - €80 - * - Receive 4 Products at €16 - - €10 + - +8*$10 + - $80 + * - Receive 4 Products at $16 + - $10 - 12 - - +4*€10 - - €120 + - +4*$10 + - $120 * - Deliver 10 Products - - €10 + - $10 - 2 - - | -10*€10 + - | -10*$10 | - - €20 - * - Receive 2 Products at €9 - - €10 + - $20 + * - Receive 2 Products at $9 + - $10 - 4 - - +2*€10 - - €40 + - +2*$10 + - $40 **Standard Price** means you estimate the cost price based on direct materials, direct labor and manufacturing overhead @@ -76,31 +76,31 @@ Average Price - Delta Value - Inventory Value * - - - €0 + - $0 - 0 - - - €0 - * - Receive 8 Products at €10 - - €10 + - $0 + * - Receive 8 Products at $10 + - $10 - 8 - - +8*€10 - - €80 - * - Receive 4 Products at €16 - - €12 + - +8*$10 + - $80 + * - Receive 4 Products at $16 + - $12 - 12 - - +4*€16 - - €144 + - +4*$16 + - $144 * - Deliver 10 Products - - €12 + - $12 - 2 - - | -10*€12 + - | -10*$12 | - - €24 - * - Receive 2 Products at €6 - - €9 + - $24 + * - Receive 2 Products at $6 + - $9 - 4 - - +2*€6 - - €36 + - +2*$6 + - $36 The **Average Price** method recomputes the cost price as a receipt order has been processed, based on prices defined in tied purchase orders: @@ -131,31 +131,31 @@ FIFO - Delta Value - Inventory Value * - - - €0 + - $0 - 0 - - - €0 - * - Receive 8 Products at €10 - - €10 + - $0 + * - Receive 8 Products at $10 + - $10 - 8 - - +8*€10 - - €80 - * - Receive 4 Products at €16 - - €12 + - +8*$10 + - $80 + * - Receive 4 Products at $16 + - $12 - 12 - - +4*€16 - - €144 + - +4*$16 + - $144 * - Deliver 10 Products - - €16 + - $16 - 2 - - | -8*€10 - | -2*€16 - - €32 - * - Receive 2 Products at €6 - - €11 + - | -8*$10 + | -2*$16 + - $32 + * - Receive 2 Products at $6 + - $11 - 4 - - +2*€6 - - €44 + - +2*$6 + - $44 For **Real Price** (FIFO, LIFO, FEFO, etc), the costing is further refined by the removal strategy set on the warehouse location @@ -184,31 +184,31 @@ LIFO (not accepted in IFRS) - Delta Value - Inventory Value * - - - €0 + - $0 - 0 - - - €0 - * - Receive 8 Products at €10 - - €10 + - $0 + * - Receive 8 Products at $10 + - $10 - 8 - - +8*€10 - - €80 - * - Receive 4 Products at €16 - - €12 + - +8*$10 + - $80 + * - Receive 4 Products at $16 + - $12 - 12 - - +4*€16 - - €144 + - +4*$16 + - $144 * - Deliver 10 Products - - €10 + - $10 - 2 - - | -4*€16 - | -6*€10 - - €20 - * - Receive 2 Products at €6 - - €8 + - | -4*$16 + | -6*$10 + - $20 + * - Receive 2 Products at $6 + - $8 - 4 - - +2*€6 - - €32 + - +2*$6 + - $32 For **Real Price** (FIFO, LIFO, FEFO, etc), the costing is further refined by the removal strategy set on the warehouse location