Hi everyone,
We have encountered an issue in D365 Finance & Supply Chain Management and would appreciate advice on the correct way to correct it.
Scenario
A purchase order was originally created with the correct unit prices. The PO was subsequently recalled and the prices were changed to zero.
Unfortunately, the user did not notice that the PO total amount had become 0 amount and proceeded with the receiving and invoicing process.
The sequence was:
PO created with correct prices → PO recalled/repriced to 0.00 amount → PO reconfirmed → Product receipt posted at zero cost → Goods issued/consumed at zero cost → Vendor invoice posted at 0.00 amount
As a result, we now have two accounting issues:
The vendor liability/AP is understated because the vendor invoice was posted at 0.00
The inventory/consumption cost is incorrect because the product receipt and subsequent issue/consumption were recorded at zero cost.
The goods have already been physically received and issued/consumed.
The affected items are weighted-average items, and inventory closing has never been run.
Any advice from someone experienced with D365 weighted-average costing, purchase price adjustments, and PO controls would be greatly appreciated.
