Inventory Close

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Posted on by Rosey

Hi All,

A) When running inventory close one of my settlements was for almost $1,000,000. I believe this happened because an inventory adjustment entry was entered with an in correct cost--(.02 lbs of something was "purchased" for $350.) A settlement was then made against this and the cost for a lb. was corrected to $17,500. The next sold amount of this product was then sold for $1M. How can I fix issues like this when running inventory close????

B) We have a sample services warehouse that is strictly for R&D is there any way to prevent these amounts from being included in the inventory close? Because we do not want any costs associated with this.

Thank you!

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André Arnaud de Cal... 303,390 Super User 2026 Season 1 on at

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Hi Rosey,

Regarding the first question it depends how some settings are done and also all other transactions on this item. Do you have more inventory receipt transactions?

The second question: it is possible to enable financial inventory on the warehouse level in the storage dimension group. Then item in warehouse A are separated from warehouse B. Note that once a product gets a cost price it will still be included in the inventory closing.

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