I am trying to understand how Manager calculates the value of stock left after sales? It appears that when I click on the total on the summary pages it is deducting the cost value from the total. All I want is for it to give me a total value of what is left to sell not the value as it differs from my start date. Can anyone help?
when I say deducting the cost value I mean of the items already sold
Manager is using perpetual weighted average costing method to calculate cost of each sold item.
What do you mean by wanting “total value of what is left to sell”?
Inventory on hand asset account shows this.