What is the difference between Applied Cost & Calc Cost?
Calculated cost is the cost of an item determined by a formula. Yellow Dog has several formulas, or calculated cost methods to choose from based on your business needs. These formulas take into consideration sales, purchasing, physicals, item adjustments, etc. when calculating the cost of your items.
Applied Cost is the cost applied to an item at the time of an adjustment. For most calculated cost methods, when the adjustment is positive this will match your calculated cost. However, if your calc cost method is FIFO this may not match, if your item was received at a new vendor price at the time of the adjustment. If the adjustment is negative the calculated cost of the item is being directly impacted by that adjustment and there is no applied cost. In these instances, you’ll see ($1) as a placeholder in an item history report.
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