Skip to main content

Notifications

Small and medium business | Business Central, N...
Suggested answer

Charge (Item) function usage via Purchase Credit note document

(0) ShareShare
ReportReport
Posted on by 65

We received an Invoice with 5 items.

Later on, we received a credit note for 1 item where vendor proposed rate change- reducing original value to a reduced value - say original value was 10$ per unit, and new value is 8$ per unit - reduction of 2$ per unit.

We posted a Credit note via Charge Item feature where we wanted to post reduction in Invoice value by 2$ per unit and payable to vendor as well.

The vendor ledger entry effect and respective purchase GL effect went well impacting 2$ everywhere, but the cost at Purchase Receipt level of the said item changed from $10 to $ 2 instead of $8!! Thus impacting the  "Last Direct Unit Cost" at Item card level and its average cost.

Please advise why this happened and how should I get the right value of item back?

  • Suggested answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Charge (Item) function usage via Purchase Credit note document

    Leisa,

    If you did a Purchase Credit Memo, for Charge(Item), against a Posted Receipt transaction(s), the Value Entries should show a Purchase Credit Memo and the Unit Cost reduced from the original $10 showing a $-2 netting to $8 on that Receipt layer. My CRONUS test show this process. I did not get the same results you did. Can you show pics of the Posted Credit Memo and the Value Entries and the Item in question Value Entries.

    Thanks,

    Steve

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Announcing Category Subscriptions!

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Verified Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,359 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,370 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans