# Weighted average cost In business management and accounting, "Weighted average cost" is a key concept used in financial operations, reporting, and compliance in modern ERP systems. --- ## Translations | Language | Code | Translation | |----------|------|-------------| | English | `en` | Weighted average cost | ## Related Terms [Cost](/glossary/cost) · [Cost of goods sold](/glossary/cost-of-goods-sold) · [Cost of sales](/glossary/cost-of-sales) · [Actual cost](/glossary/actual-cost) · [Cost allocation](/glossary/cost-allocation) · [Cost center](/glossary/cost-center) · [Cost price](/glossary/cost-price) · [Direct cost](/glossary/direct-cost) --- :::tip Use Frihet to manage your business Frihet is an AI-native ERP handling invoicing, expenses, taxes, and compliance — in 10+ languages. [Start free →](https://www.frihet.io) :::