Wrong Selection of Costing Method

te6

Hi all,

I am working in NAV 4.0 sp3. Previously , when Items were created, I selected the costing method to Average. After doing some transactions for that Item. I came to know that , the costing method should not be Average , and it should be FIFO.

Here I was struked. I don't know ,how to go forward. I don't want to create another Item. There is no bother if the previous entires are in Average . But from know the entries should be in FIFO.

I thought of changing the Costing method from Average to FIFO. By commenting the Error message. I don't whether I am doing the correct job. Please suggest me .. I was fully strucked..

Alex_Chow

Search the forum on the Changing Costing Methods. It's been discussed many times before.

Basically, the official recommendation from MSFT is to create new item numbers with the proper costing and block the old item numbers.

reema

With out creating New Item it is not possible as Mr. Alex suggested

Just to rephrase. The official way is to
1. negative adj the item to zero.
2. make sure there are no partial po and so.
2. run Adjust cost- Item Entries Batch Job.
3. renumber the item and block.
4. create new item.
5. positive adjust inventory
6.) run both reports: Adjust cost -Item Entries and post to G/L Bat job again (Allow posting date will be the first of the current months)

I hope this can help u.