Fifo inventory tracking

[kartik5295]

We make local and import purchases.

We sell the items to domestic and overseas customers.

using FIFO method we want to find out the Receipt no. of purchase against each export.

for eg:

01-01-12 local purchase MRN 101A 200 nos.
01-02-12 import purchase MRN 102 A 300 Nos.

03-02-12 Export Sales MON 103A 250 Nos. (MRN 101 A - 200 nos. and MRN 102A -50 Nos.)

how to find out the code (MRN) of purchase against each sale using excel formulas?

pls help

[Dennis7849]

I don't think there is any formula that can do this. However, this can be done using macros.

[kartik5295]

Can you help me solve this using macros?

[royUK]

How can you use FIFO to find a code? FIFO is used to calculate the value of stock.

[veejar]

Hi Karthik,

This could be done using excel functions provided that the data is organized in specific manner

Regards,

Veejar

[davesexcel]

I don't think there is any formula that can do this. However, this can be done using macros.

What solution do you have using macros?

[davesexcel]

Hi Karthik,

This could be done using excel functions provided that the data is organized in specific manner

Regards,

Veejar

Could you explain this a bit more?

[davesexcel]

Can you help me solve this using macros?

To best describe or illustrate your problem you would be better off attaching a dummy workbook. The workbook should contain the same structure and some dummy data of the same type as the type you have in your real workbook - so, if a cell contains numbers & letters in this format abc-123 then that should be reflected in the dummy workbook.

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