What the heck is that? I have never heard about this. When I tried to get an answer from Google, I only found a site that has the question out there but no answer to it.
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Rolling-Average Inventory Valuation
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Last edited by BOB W; 07-09-2008, 02:47 PM.This post is for discussion purposes only and should be verified with other sources before actual use.
Many times I post additional info on the post, Click on "message board" for updated content.
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For Gretel
Gretel, please e-mail me at home:
cordfrog@bellsouth.net
Actually the "rolling average" might be much simpler. If you have
Excel, I will create an example for you and attach it. Any client
who has inventory must select an inventory method, and I actually
prefer the "rolling average" to FIFO and LIFO.
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