unit cost in item card has value although all entries cost 0

ahmedba

I want to create this item from first because it has problem in unit of measure and quantity so that i do as following :

1 - Adjustment inventory to this item to 0

2 - Make revaluation to all entries to this item to 0 using revaluation journal and make cost revalued to 0

3 - Adjust cost-item entries to this item

4 - I open inventory field from item card to this item again i see all cost entries is 0 and inventory is 0
MY costing method is average
but in card in unit cost not equal 0 why and are this affect in g/l

Although i check inside unit cost drop down menu i found all entries in item ledger entries is 0 in actual cost and expected cost and value entry is 0 to every entries specified this item

My question is why unit cost still found in card it must be 0 why it has value

Thanks

ahmedba

I ask this question because in inventory valuation report to inventory to specified ite i see inventory quantity is 0 and cost is -74 are this logic.this happen after i make adjustment to inventory to 0 and cost to 0
Are i make wrong steps
are any one have idea about question
thanks

thinafans

Hi,

If you didn't apply outbound entry in to the right inbound entry then this kind of issue will come.

Go to application worksheet and remove application manually and then apply to right entry.

After this run the adjust cost item entries once. then check the valuation.

The above functionality is only available from 5.1 version.

Regards,

Dhina

bbrown

The "Unit Cost" field is updated by "Adjust Cost". But it will only update it if the "Net Invoiced Qty." is greater than zero. So, in the scenario you describe, it will never be updated.