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How to calculate the weighted average cost?

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The weighted average cost price is calculated when parts enter into stock.
To enter a part stock, you must access the warehouse tab "Inventory parts | Warehouses", select the warehouse you want to enter stock.
The calculation follows this formula: [(Current Stock x Current WACP) + (Stock Entry x Price Entry)] / (Current Stock + Stock Entry)
  • Current stock: Existing stock in the warehouse before the entry of parts stock;
  • WACP: Weighted average cost price;
  • Price entry: Price of the part at the stock entry;
  • Stock entry: Stock of the part at the stock entry;