Inventory Costing Mode

Within the software, we can have the inventory system update the cost of the inventory on a regular basis. There is two main options to achieve this, which includes:

  1. Periodic – typically done during month end
  2. Perpetual – done in real time


  1. Once you set this to perpetual, your inventory in your accounting report will be changing on the go.
  2. Make sure that all your locations are allocated a line of accounts (in your CoA). Without a line of account, the inventory cannot be updated.


In order to set this up, go to:

Main Menu > Settings > Inventory Settings > Inventory Costing Mode (at the bottom of the page).

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