Understanding Average Cost vs. Last Cost

Sysnet uses Average Cost to value Stock on Hand. The following example highlights the difference between using Average Cost and Last Cost.

Last Cost

Average Cost

Average Cost Impact on Bonus Stock

Note: H&L reports typically use the Average Cost (excluding GST) from Stock in Location Records, not from Inventory records.

For further assistance with costs in H&L, please contact our H&L support team. You can log a support ticket in the client portal.