1. PostERP takes both item# and lot# into account for every transaction.
2. PostERP posts to accounting journal for all monetary or quantity related transactions such as
   • purchase
   • purchase return
   • sales
   • sales return
   • physical count
   • item transfer
   The unit cost of every item# and serial# in every bin in every warehouse is caculated instantly after any one of the aforementioned transactions is made.

   Accounting journal instantly reflects the real unit cost of every item# and serial# in every bin in every warehouse.

Inventory cost is an important element in balance sheet. Sales cost is an important element in income statement and cash flow report.

PostERP process inventory costs. It helps financial staff hand out their monthly financial statements in time by taking up most costing tasks. PostERP not only processes costs of items but also

• calculates and keeps track of the costs by items' lots or serial numbers for electronics, tile, mechanic, etc. industries
• calculates and keeps track of the costs by items' sizes for footwear makers
• calculates and keeps track of the above costs by warehouses, bins, work centers, etc

The following costing methods are supported:

• perpetual inventory costing
• moving average, first-in first-out, last-in first-out costing
• traditional overhead costing as well as ABC overhead costing

PostERP provides you any time the present real cost of every item located in every place. You don't have to wait until "monthly cost calculation run"!