Inventory Control > Setting Up Inventory Control > Costing Methods > About the User-Specified Costing Method

About the User-Specified Costing Method

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Costing Methods Reference List

About the Moving Average Costing Method

You enter the unit cost or extended cost for items as they are shipped. Stock items are received and inventory valued at moving average cost.

Inventory Control uses this costing method for all non-stock items. You can also use it for stock items.