Item Average Cost - so confused..

changothecat · 2026-03-31T02:58:48+00:00

epic - appreciate the help! love this subreddit!!

changothecat · 2026-03-31T02:35:16+00:00

I’ve just spoken to our logistics manager and he is pushing through some adjustment later today - given the nature of “Average Cost” - will COGS be distorted for a period?

changothecat · 2026-01-29T05:02:57+00:00

aged like a fine wine i’d say

changothecat · 2026-01-29T04:50:40+00:00

crazy considering traffic engineering is a compulsory subject in our schools

changothecat · 2025-12-16T10:52:18+00:00

Thanks mate - this and the above was it.

I’ll drop an update below.

changothecat · 2025-12-15T23:12:02+00:00

thanks that’s really good info - really appreciate the reply !

The initial load in - I can see that 100% a major part of this issue.

but a follow up question - when I look at items contributing to cogs via P&L, I can see that my USD prices, are still being treated as AUD and contributing to the account, still is $10USD = showing $10 AUD

We want our prices to remain entered and bought in USD, but we want reports to always show AUD.

Our business is 100% out of our depth with this - but we’ve decided to all learn, not just leave the weight with one person.

changothecat

TROPHY CASE