fifo excel formula

  1. A

    Valuation of Closing Stock FIFO (using purchase history and closing stock qty only)

    I would like to value closing stock of an item based on latest prices the item bought on. Table 1: Stock account CODE Details Units In Stock balanceQTY VALUE 2602 Red Bull Blue Can 31 1014 Coke Tin Mini_150ML Can 57 407236 Mars chocolate Single 51gm PKT 12 461122 Sinkers chocolate...
  2. N

    First in First Out (Fifo) Stock balance Calaculation File.

    Hello there, I actually need help in a simple task of stock balance calculation but due to this task being a daily task and my input files having least 200 entries to work on for this task I am having many difficulties. Kindly help to kind of Automate this task (or at least reducing manual...
  3. S

    Inventory Costing - FIFO

    Hello, I am trying to create a formula in MS Excel that will find the average cost per unit using the FIFO costing method based on the units in inventory and a purchase ledger (quantity, price, total etc.). If a purchase is marked as contract I would NOT like it included in the average cost per...
  4. M

    FIFO Excel - Mark Items as Sold - doable in Excel?

    I am creating an excel inventory and am running into a challenge that has stumped the Excel "masters" I know;). I have one worksheet that has the following column structure. Practically this list represents every single physical inventory item in a store, it's wholesale cost, and the date the...
  5. M

    FIFO calculations

    I have inventory... with starting product at a certain cost, received product at a new cost, and used product. I want to assume that we are using FIFO. What I need is a total cost (what I have paid) for what is sitting in my freezer. Column A is START (5) Column B is RECEIVED (6) Column C is...

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