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

Inventory Valuation - Costing Method FIFO

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ReportReport
Posted on by 62

Hello,

Our Customer work on : Version: FR Business Central 15.3 (Platform 15.0.40073.40791 + Application 14.0.38650.0);

When we run "Inventory Valuation" according to these conditions :
Starting Date : 01/01/19
Ending Date : 31/12/19
Include Expected Cost = Yes

TOTAL Expected Cost Included displayed by BC is wrong compared to manual cell-by-cell calculation,

The issue is observed only on a certain category of items :
Costing Method = FIFO

The Inventory Setup are as follows:
Automatic Cost Posting = No
Expected Cost Posting = Yes
Automatic Cost Adj. = Never
Default Costing Method = FIFO
Average Cost Calc. Type = Item
Average Cost Period = Month

Our Customer use the standard version of the report "Inventory Valuation".

But my problem lies in the sum of the costs concerning the column: " Cost Posted to G/L" of the "Inventory Valuation" report,
I can't reproduce this case in a Cronus case we don't have a lot of entry.

This report has not actually been modified in the client database,

The sum of "Expected Cost Included" displayed in the column " Cost Posted to G/L " by the report, is not equal to the sum cell for cell (when I do the calculation manually), I cannot explain this difference.

Attached an example :
Starting Date : 01/01/20
Ending Date : 31/01/20
Include Expected Cost = Yes
Inventory Posting Group Name = BUY

Report Expected Cost Included = 2,863,585.36
Manual calculated Expected Cost Included = 2,863,582.98

The difference seems minimal, but when I run the calculation for a year, the difference is significant,

as I said before, I think this is a difficult case to apply to a test database because it depends on the number of transactions,

Thank you in advance,

I have the same question (0)
  • Suggested answer
    JAngle Profile Picture
    133 on at

    Number of things to consider here: www.archerpoint.com/.../inventory-general-ledger-reconciliation-microsoft-dynamics-nav

    The page mentioned here is a great place to check when the inventory valuation is throwing up odd results:

    navhelp100.fenwickcloud.com.au/main.aspx

  • Suggested answer
    DUGUE Profile Picture
    62 on at

    Thank you very much, it helps me a lot in my investigations, but I don't understand the fact that my standard report shows me the different totals : The sum of "Expected Cost Included" displayed in the column " Cost Posted to G/L " by the report, is not equal to the sum cell for cell (when I do the calculation manually), I cannot explain this difference.

    I Have this result :

    Report Expected Cost Included = 2,863,585.36

    Manual calculated Expected Cost Included = 2,863,582.98

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