Home > Inventory > Stock Audit > Screen Shots/Explanations > Stock Audit - Periodic Average
Note: This tab will be visible only if ‘Periodic Average’ COGS method is set in POS 1 tab of System Settings.
The Calculated Periodic average is displayed in the Periodic Average tab when you run the ‘COGS Periodic Average Calculation’ through Process Job.
Figure: Example Stock Audit
1. When COGS Periodic Average is started, average is calculated only for first uncalculated period. For example:
Period 1: From 12/01/2012 To 12/01/2012
Period 2: From 12/02/2012 To 12/02/2012
When both Period 1 and Period 2 Average are not calculated and COGS Periodic Average Calculation is started, only Period 1 average will be calculated. To calculate Period 2 Average COGS Periodic Average Calculation should be run again, that is, only 1 period average will be calculated at once.
2. To have correct records in Periodic average tab of stock audit, run one period without making any transactions immediately after setting Periodic Average in system settings. (This is because if different locations have different average cost and SOH at PERIODSTART is not zero, expected and current average might not be same as it considers all locations average cost for calculation).
3. If Period is of current date (Currently used period), then Average will not be calculated. Average will be calculated only after the Period completes e.g. Period1: From 12/01/2012 To 12/01/2012, this period can be run only on or after 12/02/2012.
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