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Hi
Is there anyone who knows how to manage inventory costing and COGS by warehouses
We have two warehouses. One (A) is for pick and pack, and the other (B) is for storing stocks temporarily.
I want to exclude the warehouse B for COGS. Under current setting, two warehouses are calculated for COGS.
Thank you.
Hi Hyunjin,
The FIFO method is applied only with the closing or recalculation of your inventory.
Please make at least a recalculation of your inventory in the inventory closing form and check your transactions and your COGS again.
You may get some more information in whitepapers which explains the costing models and the inventory closing: www.microsoft.com/.../details.aspx
Hi Andre,
It is because of the difference of the purpose of warehouse.
Warehouse A is for sale to customer.
Warehouse B is for inventory keeping.
I believe that COGS should be applied to the goods sold in warehouse A.
That's why I want to exclude warehouse B when COGS is calculated.
I hope this could be answer.
Hi Hyunjin,
What is the inventory model of item?
If FIFO or LIFO, COGS will be recalculated after closing or recalculating your inventory.
If moving average or weighted average, physical and financial inventory need to be checked on storage dimension groups.
Hi Hyunjin,
If you ask if it is possible to have costing per warehouse, then this is possible by enabling the Financial check box on the storage dimension group row for the warehouse. I wonder what exactly you mean with exclude warehouse B for COGS. It will for sure have costs and thus also inventory value posted to the ledger.
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