Lifo Category Field, Item Table
Contains the code for the Last In, First Out (LIFO) category that is assigned to each item. The LIFO categories describe the LIFO groups that are available. With this method of inventory cost valuation, the items that were purchased most recently are always sold first.
Additional Information
You can create a new LIFO category using the Lifo Category window.
Tip
For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.
Parent Tables
| Table | Location |
|---|---|
| Negative Adjmt. (LCY) Field, Item Table | Inventory |
| Item Table | Inventory |
| Item Table | Inventory |
See Also
Reference
Other Resources
Learn About Costing
Close Years and Periods
Report Costs and Reconcile with the General Ledger