Inventory Aging Analysis

07/10/2019 10:50 PM

Inventory Aging Analysis

In Inventory Aging Analysis report there is a column for storage cost. It is showing 0 for all the items. Do we need to enable it somewhere?

07/10/2019 11:02 PM

No you do not need to enable it anywhere, you just need to provide data to the system to be able to calculate it. ERP will need at least two data points to calculate your storage cost. 1. Cost of storage per unit volume. 2. Volume of the goods. You can specify storage cost per cubic meter on branch level as different branches might have different storage costs depending on area and various other factors. For goods, you do not and cannot specify volume directly. You have to enter dimensions (length, width and height) of package for each product on product level. Once ERP has both these values it will calculate storage cost automatically.

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