What are the Valuation Change Methods in Sage 100?

Solution Properties

Solution ID:

223924950047949

Last Modified Date:

Fri Aug 28 22:39:28 UTC 2026

Taxonomy Path:

Category//Setup and configuration

Author:

[email protected]

What are the Valuation Change Methods in Sage 100?

Description

Cause

Resolution

The table below shows the cost that the program uses when changing an items existing valuation method to a new valuation method.

	NEW
OLD	Valuation Method	Standard Cost	Average Cost	FIFO	LIFO	Lot Number	Serial Number
	Standard Cost	N/A	AVG	AVG	AVG	LOT/SERIAL	LOT/SERIAL
	Average Cost	STD	N/A	AVG	AVG	LOT/SERIAL	LOT/SERIAL
	FIFO	STD	AVG	N/A	LIFO	LOT/SERIAL	LOT/SERIAL
	LIFO	STD	AVG	LIFO	N/A	LOT/SERIAL	LOT/SERIAL
	Lot Number	STD	AVG	FIFO	FIFO	N/A	LOT/SERIAL
	Serial Number	STD	AVG	FIFO	FIFO	LOT/SERIAL	N/A

NOTE:

Depending on circumstances, the Internal Revenue Service (IRS) requires approval to change inventory cost method. Consult your local accountant or CPA for details. Sage 100 Customer Support can’t offer Accounting Advisory services.

Steps to duplicate

Related Solutions

How to use the Inventory Valuation Change Utilities