http://www.fullcontactaccounting.com/episode-14-invoices-and-items-continued/ The best way to learn QuickBooks, accounting and bookkeeping Tue, 31 Jan 2012 23:45:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.fullcontactaccounting.com/episode-14-invoices-and-items-continued/comment-page-1/#comment-206 Mike Tue, 23 Aug 2011 19:11:06 +0000 http://www.fullcontactaccounting.com/?p=523#comment-206 Hi Steve - Yes, that is correct. QuickBooks only does average cost for inventory. There is no way to do FIFO or LIFO. I think there are some third-party tools if you need to do that, but I have no experience with them. Hi Steve – Yes, that is correct. QuickBooks only does average cost for inventory. There is no way to do FIFO or LIFO. I think there are some third-party tools if you need to do that, but I have no experience with them.

]]> http://www.fullcontactaccounting.com/episode-14-invoices-and-items-continued/comment-page-1/#comment-205 Steve Tue, 23 Aug 2011 18:21:45 +0000 http://www.fullcontactaccounting.com/?p=523#comment-205 At 15:20 you said Quickbooks always does an average cost. No way to do FIFO or LIFO? At 15:20 you said Quickbooks always does an average cost. No way to do FIFO or LIFO?

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