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Inventory-How to Update Financial Cost

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Posted on by 35

Hi

We are just migrating inventory for our go live on our project. Our inventory model is FIFO. While product was being physically entered into D365, it was discovered the Manage cost value went in at zero so the financial cost was also valued at zero. We will need to update all of our items with Manage cost price, but I am not sure how to update the financial cost on the transactions. We have transfers of product into the system, and sales orders on order only but no shipments yet. Any help would be greatly appreciated. Thanks Heather

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  • Suggested answer
    Gaurangkumar Jani Profile Picture
    Gaurangkumar Jani 4,470 Super User on at
    RE: Inventory-How to Update Financial Cost

    Hi Heather Zlatek,

    I am unable to understand the process you have completed.

    Can be more specific? Can you share some screenshots?

    Thanks,

  • Heather Zlatek Profile Picture
    Heather Zlatek 35 on at
    RE: Inventory-How to Update Financial Cost

    I was able to update the Financial cost in the Closing adjustment sheet. However now when i need to verify the total financial cost for all inventory, where can I run a report to balance to the GL. If i run the transactions only, adjustments aren't included so it is difficult to balance. Any suggestions?

  • Gaurangkumar Jani Profile Picture
    Gaurangkumar Jani 4,470 Super User on at
    RE: Inventory-How to Update Financial Cost

    Hi Heather Zlatek,

    How did you enter the inventory into the system? (By using which function)

    Does this happen for all inventory or partially?

    Did you try to post-adjustment or reverse all transactions?

    Thanks,

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