Hi,
I have an item (FIFO) history as follows (in entry no. order) :
31/12/08 Pos Adj. Qty=244 Unit Cost=16.88
31/12/08 Neg Adj. Qty=244 Unit Cost=16.88
31/12/08 Pos Adj. Qty=244 Unit Cost=0.00
(The opening stock should have been booked in at zero cost originally)
The Inventory Valuation shows the correct value of zero, the G/L has been updated with the correct value. It's just that the Item Card still shows a Unit Cost of 16.88. Surely this should now show 0.00?
I have automatic cost posting on, automatic cost adjust=Always. I have also run adjust cost entries batch job for good measure.
Any ideas why the Unit Cost field hasn't been updated? Any help appreciated.
Jonathan
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