Does Reckon Accounts offer FIFO method for inventory costing?

C_6932987
C_6932987 Member Posts: 7 Novice Member Novice Member
edited October 2024 in Reckon Accounts (Desktop)
I am wondering if any of Reckon Accounts range offer the option of choosing FIFO as the inventory costing method. 

Comments

  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited September 2018
    No, average cost only ,bigger systems do offer ,but cost more, for these features.

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • C_6932987
    C_6932987 Member Posts: 7 Novice Member Novice Member
    edited August 2015
    Thank you for the prompt reply.
  • C_6932987
    C_6932987 Member Posts: 7 Novice Member Novice Member
    edited September 2018
    Hi 
    Is Reckon going to have FIFO inventory costing option in the near future?
    We like Reckon Accounts, but this is becoming a big problem.
  • Rav
    Rav Administrator, Reckon Staff Posts: 14,235 Reckon Community Manager Community Manager
    edited December 2016
    Hi C,
    This is something I'l run past our product managers for their insight.
    I'll let you know once I hear back.

    Cheers
    Rav
  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited December 2016
    hi Rav,
    Call me when you can please
    0407068942

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • C_6932987
    C_6932987 Member Posts: 7 Novice Member Novice Member
    edited December 2015
    Hi Rav

    Thank you & looking forward to hear from you soon

    Cheers


  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited December 2016
    Hi Andrew
    When you get time please give me a call  on 0295411338, or 0407068942
    thanks


    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • C_6932987
    C_6932987 Member Posts: 7 Novice Member Novice Member
    edited December 2015
    Thank you Andrew. 
    Have started looking at alternatives. 
    Such a shame though for just this one requirement, however, it is becoming really important now.
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