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

How to correct incorrectly posted purchase value of an item which was in the meantime sold?

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Posted on by 10

Hello all, 

There was a purchase from a supplier, 3 items were purchased, the prices were 10,15,20 EUR. 

But during the posting user made a mistake and posted it with currency USD instead of EUR. It is impossible to cancel the purchase because when the mistake was noticed the products were already sold. 

How to correct incorrectly posted purchase value of items? 

Thank you in advance!

I have the same question (0)
  • Suggested answer
    MahGah Profile Picture
    15,529 on at

    Hi

    Do you want to do this for inventory value purpose? If yes Item Revaluation Journal can help.

    www.youtube.com/watch

  • Suggested answer
    Dallefeld Profile Picture
    211 User Group Leader on at

    You could also use the Correct option from the Posted Purchase Invoice, which will issue a credit memo and create a new Purchase Invoice. Correct your new purchase invoice, changing the currency code and post. This would correct inventory and vendor.

    MahGah's solution works for the inventory value.

  • Suggested answer
    YUN ZHU Profile Picture
    95,329 Super User 2025 Season 2 on at

    Hi, I'm leaning towards Kim's opinion.

    You should reverse the posted invoice first and create a new one.

    You can use Correct feature in BC.

    More details: https://yzhums.com/3267/

    pastedimage1648095605932v1.png

    Hope this will help.

    Thanks.

    ZHU

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