Global: applies the organizational Global Costing Method field.
Last Price: all values in that store will be calculated with the last price. For example, a customer makes a first purchase of item X with a value of 1 in your store. Then a second purchase of item X with a value of 2 in your store. The last price of item X is 2, so the Total Store Value will be 4.
Rolling Average Price: all values in the store will be calculated with the average price model. For example, a customer makes a first purchase of item X with a value of 1 in your store. Then a second purchase of item X with a value of 2 in your store. The average price per item will be 1.5, taking the total transaction value of 3 and dividing it by both purchases.
Standard Price: all values in that store will be calculated based on the manually-entered standard price.
Note:
Once set and transactions are booked, the costing method should not be changed, as it could result in unexplainable item cost prices.Parent topic: Cost Centers and Locations