You’re offline. This is a read only version of the page.
45
*This post is locked for comments
Hi,
This will not solve my proplem. The Cost adjustment will do when i have cost change in the purchase but the cost is correct for purchase. Any other option?
Tools >> Utilities >> Inventory >> Adjust Cost
Here you can adjust the incorrect cost and the system will prompt which journal to process.
Listing the transactions in order
| Item | TrxType | Date | Inqty | Outqty | Unitcost | Cost |
| XXX | Sale | 01/12/2008 | 10 | 1 | 10 | |
| XXX | Purchase | 02/12/2008 | 15 | 2 | 30 |
Trasactions are this much.
If i see the Stock it will be 5 (qty)* 2unitcost) =10
When the auditors will see the transactions, they will go transaction by transaction ,
What they calculate is All Purchase - sales cost.
Here in that case 30 -10 =20.
My Problem is here. how I can correct the transactions, JV I can pass in financial, but when go back to Inventory transactions it remains the same. What transaction i should pass to correct this?
Please advise,
Thanks in advance.
I just try to understand your problem.
Transaction 1 = The product was sold at zero cost with zero qty on hand, so lets say you sold 10, so the inventory went -10
Transaction 2 = The product was received at e.g. 10 @ $20?
Please confirm this and I will be able to assist you
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,253
Super User 2024 Season 2
#2
Martin Dráb
230,188
Most Valuable Professional
#3
nmaenpaa
101,156
Share
Report
All responses (
Answers (