Costing & stock controls

Choose how stock is valued

Understand FIFO, weighted average and standard cost.

Step by step

1. Open Settings → Inventory → Costing.
2. Review Cost method: FIFO uses receipt layers in order; Weighted average blends receipts; Standard uses the cost you set.
3. Choose the method appropriate for your workspace.
4. Use stock valuation and product cost history to review the resulting figures.

Available actions depend on your role, enabled modules and plan.