Disabling LIFO costing for IFRS

Accounting and inventory IFRS/GAAP suite for SMB. General questions. See 1C:AccountingSuite details

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Steffen Franz	#1 People who like this: 0 Yes / 0 No Nov 03, 2011 04:09 AM
Active user Rating: 2 Joined: Nov 3, 2011 Company:	According to IAS 2 only Av. Costing and FIFO inventory costing has to be supports. Lists / Items also include LIFO. Is it possible to disable LIFO costing?

Konstantin Zuzik	#2 People who like this: 0 Yes / 0 No Nov 03, 2011 04:15 AM
Active user Rating: 4 Joined: Jul 29, 2011 Company: 1C Company	Disabled in Lists / Settings / "Disable LIFO (IFRS)". After enabling this option the system won't allow you to create new Items with LIFO costing.

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