Microsoft Dynamics NAV (Archived)

PO Reversal & Balance Remain in Direct Cost Applied Account

(0) Share

Report

Posted on by Community Member Microsoft Employee

Hello,

I was reversed a PO through Purchase credit memo since I had some error in Item cods,

Now I've faced serious issues with weighted average cost of items as per the following illustration

Purchase cost - Invoiced Price $ 15.00 x 100 QTY = $1,500

(the same day WAC was $14.50 per item)

When I Post the credit memo following entry was posted in ledger,

Purchase Reversal $14.50 x 100 QTY = $1,450.00

Direct Cost Applied A/C = $ 50.00

** The vendor balance was set off correctly,

So, Now i need to reverse direct cost applied a/c to Inventory as I cannot put any amount to the P&l

What will be the solution? Please advise me

Thank You very much..

*This post is locked for comments

All responses (0)

Answers (0)

Helpful resources

André Arnaud de Cal... 291,280 Super User 2024 Season 2

Martin Dráb 230,214 Most Valuable Professional

nmaenpaa 101,156

Leaderboard