Establishing the Initial Average Cost for an Item Step-by-Step

From any screen in the IN module:
 

1. Type IWAE for the Item Warehouse Accounting Entry (IWAE) screen in the NEXT FUNCTION field. 
2. Type the item number in the first KEYS field. 
3.  Type the warehouse identifier in the second KEYS field. 
4. Press ENTER to access the Item Warehouse Area Entry (IWAE) screen. 
5. Type the average cost in the CURRENT AVERAGE COST field. 
6. Press ENTER to process the information. The Item Warehouse History Entry (IWHE) screen appears. Warehouse managers can use this screen to enter item usage history for that warehouse. 
7. Press ENTER to clear the IWHE screen. 
    You have completed adding the initial average cost for the item. 
 
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