Exact Cost Reversing

lyot

Dear all,

Since I'm no costing expert, I have a small question for you.

"Get posted Document Line to reverse" and "Exact Cost Reversing mandatory" (on Setup)

Am I right to presume that both options are only usefull in combination with Costing Method = FIFO,LIFO,Average?

Specific is always kept on serial/lot no. level so NAV knows which cost to reverse in case of a return?
Standard is always kept on item level so NAV knows which cost to reverse in cas of a return?

This for both purchase & sales.

lyot

F1 to the rescue...

The costing methods express the assumption that the cost flows from inventory increase to inventory decrease. It is always possible for you to overrule this assumption if more accurate information about the cost flow exists. This is done by creating a fixed application between entries.
Fixed application has the same effect as using the Specific costing method.