Recalculating pricing based on the average price type - HxGN EAM - 12.0.1 - Help - Hexagon

HxGN EAM Help

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HxGN EAM
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HxGN EAM Version
12.0.1

Regardless of the selected price type for the store (Average, Standard, Last Price, LIFO, or FIFO), the ETL process assumes Average price type. Storeroom materials are priced at the storeroom level in EAM based on the setting of the PRICETYP installation parameter.

Accurate historic data for price types other than Average is not available. As receipt transactions are backed out, the part price is recalculated using the average pricing method, but the price is adjusted to the issue price whenever an issue or return to stock transaction occurs, unless you have selected LIFO or FIFO as the price type for a part. If you have selected LIFO or FIFO as your price type, SDS and PDS use average price for all transactions, including issues and returns, to ensure the accuracy of stock prices for transactions dates occurring a long time from the current system date.