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Finance | Project Operations, Human Resources, ...
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Cost amount changed after to post transfer journal

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Posted on by 183

The user posted a transfer journal with cost amount -5.78, but on inventory transaction the cost amount are -756.57 and 756.57 (should be -5.78 and 5.78). Do you know why? I checked the transactions before and the avg cost price was 0.34.

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  • Suggested answer
    Magno Pereira Profile Picture
    2,435 Moderator on at
    RE: Cost amount changed after to post transfer journal

    The cost that appears in transactions is the kind of an average cost until the inventory is closed, where the real cost will be calculated using the costing method. What is the costing method you are using?

    You can always run the inventory calculation before closing.

    learn.microsoft.com/.../run-inventory-recalculation

  • Rafael Araujo Profile Picture
    183 on at
    RE: Cost amount changed after to post transfer journal

    Hi Magno,

    The problem was partially solved after to disable the financial and physical calculation of location on storage dimension setup and run the closing inventory.

  • Suggested answer
    Magno Pereira Profile Picture
    2,435 Moderator on at
    RE: Cost amount changed after to post transfer journal

    You must be aware of the impact. Disabling the financial inventory of a location will disable the cost calculations at this dimension level. Confirm that the finance team does not want to analyze cost by location. The same happens with the physical inventory, you will no longer control inventory at the location level.

    In the Item model group of this product, what is the Inventory model? This will impact how the cost is determined at the time of calculation.

    learn.microsoft.com/.../specify-an-inventory-model-for-inventory-close

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