I have an interesting phenomenon going on. 'Unit Cost' is way out. For example, last direct cost is: $9.69, standard cost: $9.12 and unit cost is $143.80
Costing Method is "average".
There are quite a few of these items with 'morbidly increased' unit cost. I looked in Item Ledger Entries and
Any help would be appreciated, i need to "normalize" the cost.
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& just curious if you are using multiple locations?
http://www.BiloBeauty.com
http://www.autismspeaks.org
And there is only one location.
i thought it may be a data entry mistake but, after 2 days of looking, didnt find anything.
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Microsoft Certified Business Management Solutions Specialist
http://www.navisiontech.com
2)are all the po's that this item is on closed & invoiced?
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There are many discussions about using the Revaluation Journal to fix wacked out costs. you can search the forum for "Revaluation".
I tend to want to find out why it went wrong in hope to prevent it from happening again before just forcing the correct cost back on an item.
You might want to look into credit memo's - we mistakenly (long time ago) were zeroing out the cost for items damaged in transit. That screwed up our costs..
http://www.BiloBeauty.com
http://www.autismspeaks.org
There is a tool included which checks for correct data.
BTW - we dont use POs. We use manufacturing.
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Microsoft Certified Business Management Solutions Specialist
http://www.navisiontech.com