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title: "Costing Methods in ProStix"
canonical: "https://kb.myframeworks.com.au/space/PROSTIXV48DOC/31096874/Costing%20Methods%20in%20ProStix"
format: markdown
---
ProStix can be configured to value inventory according to three costing environments: General Ledger Movements for Common Inventory Transactions Note : Also referred to as Replacement Cost (Rarely recommended) Overview For example The Std Cost of a product is $10, SOH = 10, that is, current valuation is: $10 x 10=$100. Pretend that the G/L is in line with current valuation, that is, bal in stock G/L = $100. If you receipt 10 of the product at a purchase loss of $15 ea Setup Company Setup = Average Costing = ' No '  System Flags = InvStdCst = ' No ' System Flags = InvStdAvg = ' No ' Stock Value = SOH x Nominal Cost