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Inventory cost posting by lot

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Posted on by 2,453

Hi All

I'm trying to get Item cost by LOT and tie it back to COGS. The system is setup with FIFO costing. Can I confirm that the system post FIFO irrespective of the actual LOT number selected in a transaction. For example:

If LOT1 is purchased $100 per unit and then Lot2 purchased $200 per unit. When you sell LOT2 it takes $100? as below example:

Lot-Cost-FIFO.png

So the system ignores the actual cost of selected lot as this FIFO is only at Item level

  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 74,036 Super User 2024 Season 2 on at
    RE: Inventory cost posting by lot

    Hi, I agree with Kim, can you confirm after running Adjust Cost - Item Entries? If there is a cost adjustment, new Value Entries will be added.

    pastedimage1671492243534v1.png

    Hope this helps as well.

    Thanks.

    ZHU

  • Suggested answer
    Dallefeld Profile Picture
    Dallefeld 11,425 User Group Leader on at
    RE: Inventory cost posting by lot

    Please remember that the cost that posts with the transaction is always average (when using FIFO) and that when Adjust cost runs, the system then matches the FIFO layers. Can you run adjust cost on the above and do the results change?

  • Samantha73 Profile Picture
    Samantha73 2,453 on at
    RE: Inventory cost posting by lot

    I think the issue in my example is that I have used Item Journal to take stock out and in that scenario item cost by LOT does not apply. In Sales Invoices it works

  • Suggested answer
    Manan_Shah Profile Picture
    Manan_Shah 1,457 on at
    RE: Inventory cost posting by lot

    Hi Samantha,

    Please check below attach link for more info on Lot Specific Costing. 

    https://www.inecta.com/dynamics-365-business-central-item-costing-part-17


    Hope this will help.

    Many Thanks,
    Manan

  • Suggested answer
    DAnny3211 Profile Picture
    DAnny3211 9,272 Super User 2024 Season 1 on at
    RE: Inventory cost posting by lot

    hi

    look this

    community.dynamics.com/.../inventory-valuation---costing-method-fifo

    DANiele

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