Hello,
Is there anyone who has done the calculation and got the exact % of Max Turnover as Acumatica and checked whether it gets the correct class selected,
Acumatica help provides the below calculation,
Inventory turnover rate for an item for a period is calculated as Quantity Sold during a turnover period / Average Quantity on Hand. The Average Quantity on Hand is calculated as a sum of on-hand quantities at the end of each last 12 periods divided by the number of periods in the last financial year, including the analyzed period.
I cannot understand when calculating the Average Quantity on Hand, does it consider the periods inside the analyzed period year or it takes 12 periods back and whether it includes the adjustment period too?
Thank You