Inventory Cost Options in the Organizations Application For Item Issue

Technote (FAQ)


Question

Is it possible to use different cost options for issuing items?

Answer

Yes, in Maximo 7.5 you now have several options for the cost that is used during inventory issue. You have the option to choose Standard, Average, LIFO (last-in first-out ), or FIFO (first-in first-out) costs. You can configure this option by going to the Organizations application and selecting "Inventory Options". Next, select "Inventory Costs" to select the cost option that best fits your business needs.

Document information


More support for:

Maximo Asset Management
Organizations

Software version:

7.5

Operating system(s):

AIX, HP-UX, Linux, Solaris, Windows

Reference #:

1503683

Modified date:

2015-07-20

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