Gribanova-Podkina M.Yu. Software implementation of product accounting based on FIFO technology

Abstract: the article reviews a model of supplies accounting based on the FIFO technology. The mentioned technology allows consequent write-off (or consumption) of raw materials for the production, starting with the earliest deliveries while recording the price of each consumed shipment. The descried technology is in demand while accounting goods, as it enables determining the availability, price and quantity of product on stock. That helps, for example, to recalculate real product cost at any time. The implementation of the system is formed of database and client-side components, which carry out registration of supply and consumption of goods. The feature and novelty of the proposed approach is in redundancy in the logical data model that creates a more transparent mechanism for registering deliveries. The mentioned above implementation can be considered as a general scheme for write-offs of raw materials technology using FIFO principle in automated information system on any software platform.

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