Revaluation Error

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Dear Experts,

I want to revaluate one ITem for date 30-03-2015. while selecting an item I am not able select location code the field is disable. Following error occurred. Please advise,

Thanks

With Regards

Mandeep Kaur

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Indikauk 1,759 on at

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Hi Mandeep

its looks to me that you have selected or entered the Line Manually in the revaluation Journal. you should not do that because there is function to bring the lines to Revaluation Journal follow the below steps.

1. in the revaluation Journal from the ribbon go to action tab and select "Calculate inventory Value" it will prompt you to do the Adjust cost Item Batch job so before do the revaluation journal keep the habit of run the Adjust Cost Item Batch job 1st.

2. and you prompt a screen to select filters depending on the Costing method of the item the available option is vary but i'm giving you the scenario for "Average Costing Method"

from the selection you need to fill Posting Date, Document No., & Calculate Per "Item" must select for Average costing & Item filter for you item.

for your clear understanding i have attached the Screen Shot below.

Hope this will help to solve your problem it so please make Verified answer it help to other users like you to find the solution.

Thanks

Indika

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Hi Indika,

Thanks for your prompt reply, We are trying to Calculate inventory Value getting the following error. Kindly advise.

Thanks

With Regards

Mandeep Kaur

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Indikauk 1,759 on at

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Hi Mandeep

Error is not familiar to me i haven't face any error like this before but i think you have done some shipment and invoice is not posted. just check the two Item Ledger entries which are shown in the Screen you will be able to find the problem.

Do you have average Costing method of any other option?

thanks

indika.

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Hi,

We have generated the invoices as well. Kindly advise

Thanks

With Regards

Mandeep Kaur

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Indikauk 1,759 on at

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Hi Mandeep

Now What is the Error if the Error is Same just go and check those two Item Ledger Entry numbers related to what?

also you haven't mention what is the Costing method that you are using.

Thanks

Indika

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Hi Indika,

Thanks, Actually I have resolved the error, which was coming while calculating the inventory. But now once the revaluation is done, there are no changes in the balance sheet.

Actually, we are in process of closing the balance sheet (2014-15)

We have close the income statement, but there is diff. of 4 lac. To adjust this amount we are doing revaluation. Kindly advise.

Thanks

With Regards

Mandeep Kaur

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Community Member on at

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Hi Indika,

We are using FIFO method.

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Community Member on at

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Hi Indika,

Can you please advise me.

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Hi,

Please advise how to check the impact of revaluation entries.

when we do the revaluation which tables get effected. As per my knowledge Item ledger entry get effected. please advise.

Thanks

With Regards

Mandeep Kaur

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Amol Salvi 18,698 on at

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Check Value Entry table .Its impacted there

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