cost correction - COGS

slmaluwa
slmaluwa Member Posts: 366
edited 2009-03-12 in NAV/Navision Classic Client
This may be discussed earlier and couldn't find the exact solution.

Bad Scenario was:
A user posted a Positive Adjustment Item Journal with ZERO cost of a particular item.
And sales has already sold these items. and another user ran "Adjust Cost - Item Entries" batch job.

The cost posted to COGS is now wrong. How can I correct this issue. Revaluation and Phy. Inventory Adjustment (i feel) only adjusts the current cost of remaining items.

Your help is much appreciated.
"A bove maiore discit arare minor"-"From the old ox, the young one learns to plow."

Comments

  • 2navornot2nav
    2navornot2nav Member Posts: 4
    Hello,

    you can use a revaluation journal to revalue the positive adjustment to the correct amount. All you need to do is apply this revaluation to that original positive adjustment (applies-to entry).
    When you run the 'adjust cost - item entries' job after that it will correct all sale-entries that were posted already at an incorrect cost.
  • slmaluwa
    slmaluwa Member Posts: 366
    Thanks for the reply
    I tried it but getting an error message as below
    Microsoft Dynamics NAV
    You must not enter Applies-to Entry in a revaluation sum line.
    OK
    "A bove maiore discit arare minor"-"From the old ox, the young one learns to plow."
  • Deep
    Deep Member Posts: 569
    Check whether any modifications are done.
    I tried the process in base product and works fine.
    Regards,

    Deep
    India

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