Hi All,
Working with a site that has 6.0 with inventory/order entry. They have serialized inventory, however their account set codes are set to use FIFO for the costing method. They would like to change to serialized costing instead of FIFO.
I tested setting up a new account set with Serial Costing method then reassigned a sample item with costs/inventory on hand from FIFO to Serial account set. This 'appeared' to work however I am wondering what others have seen or if there is more to this.
Feels like there should be an inventory count to remove all inventory then change these account sets, then bring inventory count/costs back in. BUT in my testing it appeared that the system costed the items properly after making the switch. My observation was that the system knew to pull the proper cost out of the average cost bucket by serial number cost.
Seems to easy - so just wondering if anyone else has been down this road before and what potential pitfalls to expect.
Thank you!
Marc