The topics in this section provide background and conceptual information about the process of inventory close, with emphasis on how the various inventory models handle transaction adjustments during the process.

NoteIntegration considerations, such as supported environments and platforms, are discussed in the System and Application Setup Help.

The following topics provide information about:

About inventory close

About physical and financial updates

About Include physical value

About running average cost price

Track running average cost per item dimenson

Specify an inventory model for inventory close

About FIFO

About LIFO

About LIFO Date

About weighted average

About weighted average date

About inventory posting

About posting search

See Also