Dual Costing or Multiple Costing

kwajahathydro
kwajahathydro Member Posts: 88
Hi All,

Does Navision 2013 has a feature to allow multiple costing for same item. Currently it allows only one costing method, we are using Avg Costing Method but this is giving us very bad margins on our sales since we buy items and sell items for our Projects at special pricing but since Avg Cost is turning out to be not working the way we want, is there any work around provided for this. Can we go for customization so that same item can kept and a selection is provided to us on what costing method to choose while doing the transaction.

Regards
KH

Comments

  • Kowa
    Kowa Member Posts: 927
    That is not possible. Switching the costing method all the time is contradictory to the consistency principle in accounting, and that applies to item costing as well.
    http://www.accountingtools.com/consistency-principle
    http://de.scribd.com/doc/54531575/3/Con ... -principle

    If you use Job No. and/or Job Task No. in your document lines, that will be evaluated when NAV builds the internal item application entries. This ensures that only items from one project are applied to each other and prevents the profit margin of the sales being influenced by other purchases which are not part of the project.
    Kai Kowalewski
  • kwajahathydro
    kwajahathydro Member Posts: 88
    Hi Kowa,

    Thanks for your reply. Well if project/job costing from navision can help us then we shall for sure look at the functionality of these two granules in navision and can look into the process and know how to use it. Thanks for your help

    Regards
    KH
  • bteredesai
    bteredesai Member Posts: 129
    Hi,

    Could you please more elaborate your requirement?

    Thanks.
    Bhushan
  • golfer
    golfer Member Posts: 88
    Another option is to simply use reservations. You can reserve Purchase Order Lines to specific Sales Order Lines.