LIFO Elaboration

The FFC Addon provides for the possibility of calculating the LIFO in steps, according to Italian tax legislation. In the calculation, the movement data for the year are taken from the period set as tax. It is possible to calculate the LIFO in the following ways:

1. for single article

2. for homogeneous groups of items (LIFO Category).

The calculation determines the generation of new groups. You can calculate LIFO in safe mode, reversible and repeatable whenever necessary. If the calculation is in definitive mode you can not reversed it anymore. With the definitive calculation, the conditions are created for the calculation of the following year.