reversing of posted cost entry

ankit903

one of my client uses Navision 2013. in which production orders was not closed on the date of closing of income statement. after that it was found that one production order in which consumption posted before closing date and output posted after closing date.

due to which as on date inventory G/L reconciliation shows cost difference in WIP column.

please tell is there any way to move the output of production order in before closing date?

(income statement was not closed as on date but production order was finished)

ayhan06

You can not adjust the date of output. But ınventory Valuation -wip report should give you wip amount which should be same as balance of wip account in balance sheet.(note that if you are not using standard costing and produced items on that production orders were sold before your income statement close date, your cogs may be wrong since cogs were calculated based on the unit cost on item card)

ankit903

in wip valuation report differences arises due to date error. like..
output date 14/7/16
year closing date 15/7/16
consumption date 20/7/16
and production order was finished.
how can make adjustment so that difference in wip valuation (as on 15/7/16) sheet become nil?

(I have attach the file for clarify the problem)

kriki

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