Error in Item cost after Purchase Credit Memo

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Posted on by Community Member Microsoft Employee

Hi,

I posted a wrong Purchase Order, so I made a 'reverse' with a Purchase Credit Memo, and then posted right Purchase Order. But automatic cost adjustment 'corrected' cost of item in Purchase Credit Memo. As you can see in the picture attached. Please can u tell me how can i fix it?

2480.error.png

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Saurabh Shah 4,560 on at

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RE: Error in Item cost after Purchase Credit Memo

Hi

Now since you have already posted the credit memo. I suggest to go in application worksheet and check. Correct the application to your original purchase receipt. You need to first unapply then again apply with correct ledger entry and then run the cost adjustment. It might work for you.
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Jens Glathe 6,092 on at

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RE: Error in Item cost after Purchase Credit Memo

Is "Exact cost reversing" enabled in the sales setup?

with best regards

Jens
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Aleksandar Totovic 16,765 on at

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RE: Error in Item cost after Purchase Credit Memo

You must use "Apply-to Item Entry" in Credit Memo and run "Adjust Cost - Item Entries" after that.
Community Member Microsoft Employee on at

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RE: Error in Item cost after Purchase Credit Memo

FIFO!
jcastro 2,245 on at

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RE: Error in Item cost after Purchase Credit Memo

What costing method are you using on the item?
Community Member Microsoft Employee on at

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RE: Error in Item cost after Purchase Credit Memo

Sorry but i think i didnt tell u something. These items are from IMPORT, so we have as cost DUTY, TRANSPORT etc. as cost (see in the photo attached). So if i create Purchase order and credit memo again, the cost of item will remain 0.39 in this case, and it will not add in cost other cost. Like this case in the photo, with red color is the right cost that should be. And i cant add other costs like DUTY and TRANSPORT again.
mmv 11,465 on at

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RE: Error in Item cost after Purchase Credit Memo

Hi,

You may use the same cost as the Purchase Credit Memo.
Community Member Microsoft Employee on at

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RE: Error in Item cost after Purchase Credit Memo

Hmmm, but if i create purchase order what should be the cost of items?

I did not use "Apply-to Item Entry"...
mmv 11,465 on at

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RE: Error in Item cost after Purchase Credit Memo

Hi,

While creating the Purchase Credit Memo, did you use "Apply-to Item Entry" in the Lines?

I think, you create another Purchase Order to knock off this Credit Memo and enter a new Purchase Credit Memo and use the "Apply-to Item Entry" in the lines. It must work. Please check this on test.
Community Member Microsoft Employee on at

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RE: Error in Item cost after Purchase Credit Memo

No, Automatic Post Adjustment is set to NEVER, but we run Adjust Cost - Item Entries every month.