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Microsoft Dynamics GP (Archived)

changing Average to FIFO

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Posted on by Microsoft Employee

In the online manual, it says that when doing year end closing you can change an item valuation. I have tried to change valuation globally and on a single item and get the same message that it can't change - Item exists on Inventory transactions and could not be updated. We were following the year end closing and have no unposted transactions.How can I change these items.

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  • Suggested answer
    Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at
    Re: changing Average to FIFO

    Christine, if the item exists on a Purchase Order, Sales Order, Manufacturing Order, etc., that will prevent you from making the valuation change.  Make sure you don't have any open documents with the item on them.

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