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Hi All,
I have a situation where an inventory item has zero quantity hand but the value on hand is $27,000. What I noticed when I ran the Inventory/transaction detail for the item , 11 of the items were sold at zero unit cost, therefore the cost of sales for the item is Nil. This was probably caused because the item was sold before the purchase was entered.
Inventory setup>>>Automatic Cost Adjustment "Always"
Thanks for the help
PFL
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