Inventory Value Zero field on Item card

dannyboy
dannyboy Member Posts: 13
edited 2014-02-04 in NAV Three Tier
Hi

We have a situation here, where in the customer has wrongly ticked the "Inventory Value zero" field on Item card for few items and due to which the cost is not updated during the Purchase invoice. Now he has realized that and the tick had been removed now. I am sure that any further transactions will be posted with cost.

Now how to update the cost for previous Purchases and sales? Is there any standard way of doing it. Infact we tried to run the ACIE and Post cost to GL after removing the tick and there is no updation...

Please let us know

Comments

  • Kowa
    Kowa Member Posts: 926
    Goto Warehouse>Inventory>Revaluation Journals and apply the correct costs in that journal for each item separately for each single PO line using the "Applies-to Entry" field (in either "Unit Cost (Revalued)" or "Inventory Value (Revalued)") and post the journal. That will update the cost on the purchases. Afterwards you need to run ACIE once more to apply these costs to the sales as COGS.
    Kai Kowalewski

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