How can we run FIFO Inventory in excel?
ASSUMING you have data with the following elements...
Date Item Received
Item #
Price/Unit
Quantity Received
Quantity Relieved
Balance
You can create a pivot table on Item #/Balance.
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Hope this helps.
If it does, please click the Yes button.
Thanks in advance for your feedback.
Gary Brown
"NH" wrote:
To calculate exact work in progress, I need to run FIFO issuances from my
purchases.
How that can be solved in excel?
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