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We’ve recently posted an Ownership Change Journal, and the associated Product Receipts for the corresponding Purchase Orders have also been processed as per standard procedure. However, a discrepancy emerged when the Trade Agreement Journal related to the items in the Ownership Change Journal remained unposted. This situation led to the Purchase Orders and Product Receipts being recorded with a “0” unit price. Despite this pricing issue, the physical on-hand inventory for these items has effectively transitioned from the vendor to our legal entity.
Now, the challenge lies in determining the most feasible solution to accurately calculate the Cost of Sales on sales orders when these items are sold, especially considering that the Purchase Order Invoices may not be received in the foreseeable future.
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