Inventory cost is an important element in balance sheet. Sales cost is an important element in income statement and cash flow report.

PostERP process inventory costs. It helps financial staff hand out their monthly financial statements in time by taking up most costing tasks. PostERP not only processes costs of items but also

• calculates and keeps track of the costs by items' lots or serial numbers for electronics, tile, mechanic, etc. industries
• calculates and keeps track of the costs by items' sizes for footwear makers
• calculates and keeps track of the above costs by warehouses, bins, work centers, etc

The following costing methods are supported:

• perpetual inventory costing
• moving average, first-in first-out, last-in first-out costing
• traditional overhead costing as well as ABC overhead costing

PostERP provides you any time the present cost of every item located in every place. You don't have to wait until "monthly run"!