Skip to main content

Notifications

Microsoft Dynamics 365 | Integration, Dataverse...
Suggested answer

Inventory-How to Update Financial Cost

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

  • Suggested answer
    Gaurangkumar Jani Profile Picture
    Gaurangkumar Jani 4,478 User Group Leader 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 4,478 User Group Leader 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,

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

November Spotlight Star - Khushbu Rajvi

Congratulations to a top community star!

Forum Structure Changes Complete!

🔔 Be sure to subscribe to the new forums you are interested in to stay up to date! 🔔

Dynamics 365 Community Platform update – Oct 28

Welcome to the next edition of the Community Platform Update. This is a status …

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 290,900 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 229,275 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Product updates

Dynamics 365 release plans