Forum Discussion
Native FIFO Inventory Costing Function for Excel (Proof of Concept with LAMBDA)
Excel currently lacks a native function to calculate FIFO (First-In, First-Out) inventory costs when products are purchased at different unit prices and later issued in partial quantities. FIFO cost...
What you've created isn't just a clever formula – it's compelling proof that inventory cost accounting has surpassed Excel's current functions.
Thank you for sharing it with us.