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Item Cost Price

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Posted on by mrpequit

165

Hello all,

What are the factors for voucher entries in Item price which gets the Inventory Cost Revaluation account?

Whenever I create a new Item Price, it only gets the Inventory,Inventory Receipt and Rounding Variance Posting type.

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Ludwig Reinhard Microsoft Employee on at

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RE: Item Cost Price

Hello mrpequit,

I see.

I assume that you have some items on stock that have been purchased in the past, right?

If this is the case then have a look at LCS.

In the past there have been some issues with the posting type that have been fixed by hotfixes that are available for download on LCS.

Alternatively, open a support case with MS or get in touch with somebody from your IT/development department.

Best regards,

Ludwig
mrpequit 165 on at

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RE: Item Cost Price

Hi Ludwig,

Yes we are using standard costing for the item.

The issue is whenever I activate a new price, the cost revaluation posting is not created, only the Inventory receipt and Rounding variance.
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Ludwig Reinhard Microsoft Employee on at

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RE: Item Cost Price

Hi mrpequit,

As you refer to inventory cost revaluations, I assume that you are using standard costing for your items.

Is that right?

For standard cost items the inventory cost revaluation account is used when a new standard cost price is activated.

Would be great if you could test this and let us know if this fixes your issue.

Best regards,

Ludwig