Inventory Valuation

Manjinder_Kaur
Manjinder_Kaur Member Posts: 13
edited 2009-01-26 in NAV/Navision Classic Client
Hi

Our Client made a lot of Positive and Negative Adjustments to the Inventory, to correct some of the Important Item related data they were missing. In this process of -ve and +ve adjustments, the Inventory Valuation got screwed up. All the Adjustments were made on the same day.

They have already made sales and Purchase transactions after doing these adjustments.

How can I fix this problem? Will Revaluation Journal help?

Regards,

Manjinder :roll:

Comments

  • ritesh.singh
    ritesh.singh Member Posts: 123
    Have you run all the inventory batchs? :?:
    Thanks,
    Ritesh K Singh
  • ssingla
    ssingla Member Posts: 2,973
    There is no shortcut to achieve you are trying to do. The best is to run the revaluation journal and correct the current stock valuation.
    CA Sandeep Singla
    http://ssdynamics.co.in
  • Manjinder_Kaur
    Manjinder_Kaur Member Posts: 13
    ritesh.singh wrote:
    Have you run all the inventory batchs? :?:

    Hi Ritesh

    I executed "Adjust Cost - Item Entries" batch, which wasn't of any any help since the " Automatic Cost Posting" is ON and "Automatic Cost Adjustment" is set to DAILY....

    Thanks

    Manjinder
  • Manjinder_Kaur
    Manjinder_Kaur Member Posts: 13
    ssingla wrote:
    There is no shortcut to achieve you are trying to do. The best is to run the revaluation journal and correct the current stock valuation.

    Thank You so much Sandeep....

    Do I need to zero out the Inventory and then bring it back and revalue it? The reason why I am asking this is becoz the client actually made Inventory Adjustments on 15th Jan and back dated it to 31st December.

    Manjinder

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