Important Concepts - Managely Part Costing
Standard Costing
Managely uses standard costing as the costing method. This is an important change from AlarmBiller, which uses average cost.
To determine the value of parts in a warehouse, the system multiplies the standard cost (defined for...
How to zero out inventory (Managely) New
Dealers will request to have their inventories “zeroed out” so they can start fresh. Usually because the inventory values are showing negative and they want their GL to be correct. To zero out inventory please follow these steps
1) Here we ha...