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Disabling LIFO costing for IFRS
#1
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Points:: 0
Joined:: Nov 3, 2011

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?

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#2
Active user
Points:: 23
Joined:: Jul 29, 2011

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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