Inventory Values - Aggregate Inventory Report

[MonicaSmithV]

Why do the values for current or past inventory only calculate based on the pricebook amounts.  Is there a way for it to do an average cost like QB does?  We would have to change our pricebook almost daily for accurate costs.  I think it should take the purchase orders created for inventory and take the average values at least when calculating your inventory totals.

[michael21]

I think that if you go to settings -->inventory --> inventory configuration and then select the inventory, rather than purchasing option on this page, the 5th or 6th option is labeled "Costing Method".  The default is standard costing, but you can change that to average.  We don't use that option, but if average is what you want that should do it for you.