Repair and Returned Tracked Assets - Average Unit Price Calculation

All items of the same stock item in a storeroom should be assigned an Average Unit Price (AUP). Unlike regular stock items, trackable stock items use asset disposition to track inventory quantity and the average unit price is captured on each asset. Repairable stock items can be assigned "Repaired Prices" when returned to the inventory. The assigned repaired price for the repaired item is used for financial transactions (like increase of inventory value) when a repaired asset is returned to a storeroom and impacts the average unit price of the stock item. Also, the AUP Contribution Amount on assets of that stock item in the storeroom gets updated to match the AUP and prevents the AUP from changing after assets are issued at a later time.

This accurately tracks inventory value for repaired and returned tracked assets.

Steps to Enable

You don't need to do anything to enable this feature.