Specific Costing Method - help!

SMS

We currently use FIFO with all of our inventory items, and now we have a few specific products that we need to be able to track actual costing per item. I was told that we could use the "specific" costing method for these items (b/c they all have s/n's), BUT when I test it, the Ledger Entries seems to be showing an average cost.

Any thoughts, or ideas? - help, I need to solve this issue ASAP!

Thanks in advance.

Sandy

Marco_Ferrari

As far as I know in spite of the costing method you use, the system uses the average one until you run the "Adjust Cost - Item Entries" batch job.

"The program uses the value of the average cost as the initial suggestion for the item unit cost when the company chooses to treat its inventory cost flow based on all costing methods other than standard. When an item is set up to use FIFO, LIFO, Average or Specific costing method, the program copies the value in the Average Cost (LCY) field to the Unit Cost field on the item card."

Inventory Costing for Navision Attain 3.60.pdf - page 52

Bye
Marco