Update Cost in Item

gpriya

Dear All,
I created Raw1 and FG items. Then I purchased Raw1 item 100 qty with 100/-
So my raw1 cost is 100. And FG cost is ZERO.
Now I created Prod Order and I defined source no. as FG and Qty is 30. To produce FG I defined Raw1 Item is required.
Now I Produced FG Item with 10 qty through Output journal. When I go to FG Item -> Invoicing Tab-> Unit cost it is showing ZERO. It is not updated because My Released Prod Order is not finished.
I ran Adjust Cost Item Entries and Cost post to G/L batch jobs. But it is not affected.
How to update the FG Cost?

Regards,
Priya.

alok_kul

Costing Method for both items?????

gpriya

Average Costing method

vijay_g

I think it's not about costing method whatever method you are using. The thing is unitl you are not posting consumption for the raw meterial either from the consumption journal or when you are going to change status system will post automatic consumption based on flusing method(forward) for RM item.
so unit cost for finish good will be updated when system post consumption for RM.

gpriya

Dear Vijay,
Thanks for ur reply. I posted 10 qty as Consumption and 10 qty as output through production journal. But it is not affected. In G/L it is posted Raw material Account and WIP Finished Goods accounts only. It will not affected to Finished Goods Account.

I tried with giving the unit cost in Output line. But it is not updating the FG Item unit cost.



Regards,
Priya.... ](*,)

vijay_g

have you place a check mark on "Automatic cost posting" in inventory setup?

gpriya

I already Put check mark in automatic cost posting and expected cost posting also and i selected automatic Cost Adjustment as Always.


Regards,
Priya..

Andwian

You must have the Released Prod. Order finished.

tom_tom

Why does it not post FG costs at an expected cost of the Raw costs until the Prod order is finished?