Recognize Stock Cost at Registration stage instead of at the product receipt stage

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Posted on by UAli

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Hi,

We have instances where stock PO lines are being 'product receipted' by the warehousing team many days after the 'registration' of the stock has been done using the hand held devices by the shop floor team. Once the stock is registered it is available as on hand stock and therefore can be consumed into production orders and sales orders. As a result of the business delaying the product receipt of the registered PO stock lines we have had scenarios where the Cost of Sale recognized against the sales order invoice or production order is inaccurate or even at nil price because its a new product with no prior costing history. Although the business have been told to start completing the product receipt in a more timely manner, the ask is can we recognize and firm up the physical cost of the stock product at the registration stage instead of waiting until the product receipt is done to ensure the accuracy of the cost.

We are using the moving average cost method.

Thanks

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UAli 165 on at

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Recognize Stock Cost at Registration stage instead of at the product receipt stage

Confirmation received from our partner this was not possible as standard, the stock cost can only be physically updated when the goods receipt journal is created. You cannot recognize the physical cost at the registration stage.

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UAli 165 on at

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Recognize Stock Cost at Registration stage instead of at the product receipt stage

Hi CA Gaurangkumar Jani,

The below does appear to be helpful in that it would take a way the need for manual receipting on the stock related POs for which we are using the AWS.

However, ideally we would still like to keep the receipting seperate to have seggreation of duty within the business, and it allows a secondary check to ensure the volume registered is exactly as per the supplier delivery paperwork. Any differences prior to completing the goods receipt can be investigated. Therefore, ideally we would only like to recognize the physical cost against the inventory at the registration stage but keep the goods receipt process seperate.

Is it possible to recognise the physical cost at the registratation stage?

Thanks

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Gaurangkumar Jani 4,512 User Group Leader on at

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Recognize Stock Cost at Registration stage instead of at the product receipt stage

Hi there,

If you are using AWM process, this below blog might be able to help you.

Automatic Purchase Order product receipting in D365 F&O | D365 F&O Hints and tips

Let me know if this helps.

Thanks,

CA Gaurangkumar Jani

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