inventory<>0 but Unit cost=0 is this right???

suvidhasuvidha Member Posts: 117
In few items the Unit cost value is 0 but the inventory is greater than 0.
:roll: Is this correct?? when does this happen???? :roll:

Comments

  • DeepDeep Member Posts: 569
    If you are talking about item card, then it is possible that the item transaction may be posted without any cost.

    Thus way the quantity can be more that zero without any Unit Cost.
    Regards,

    Deep
    India
  • suvidhasuvidha Member Posts: 117
    yes in Item card But doing so, is it correct??
  • DeepDeep Member Posts: 569
    There is no point correct or incorrect. What matters is why you want to do so??
    Anyhow if it has been done, then you can use the revaluation journals to update the correct unit cost from the original transaction posting date.
    Regards,

    Deep
    India
  • suvidhasuvidha Member Posts: 117
    our client has used few of such items for sale and after the Invoice the Cost (LCY) will show 0 in posted sales invoice statistics. :!:
  • DeepDeep Member Posts: 569
    In this case, if you revalue the item at its original cost(which has not been entered at the time of posting the positive transaction) on its original positive transaction date, and then run the batch job "Adjust Item-Cost entries", the system will itself assign the cost amount actual in the value entry created at sale.

    Check by posting a transaction. Thus, it shows in statistics or not, the cost is properly assigned.
    Regards,

    Deep
    India
  • suvidhasuvidha Member Posts: 117
    Thank u deep ur answers helped me :P
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