consume the Rawmaterials in Finished status
hansika
Member Posts: 373
Hi folks,
Client created a production order .
while he posting the rawmaterial through production journal system throws some eeror.
that y he deleted the rawmaterials and posted the out put only.
(actually what he thinks he can post that rawmaterails later when the error solve)
But unfortunately he change the status from Released to finished with out posting the rawmaterials.
so the Finished goods cost was wrong.(rawmaterials did not consume)
Now my query is how to consume the rawmaterials against that production order in finidhed stage ?
How to correct that FG cost ?
Please share your experience.
Client created a production order .
while he posting the rawmaterial through production journal system throws some eeror.
that y he deleted the rawmaterials and posted the out put only.
(actually what he thinks he can post that rawmaterails later when the error solve)
But unfortunately he change the status from Released to finished with out posting the rawmaterials.
so the Finished goods cost was wrong.(rawmaterials did not consume)
Now my query is how to consume the rawmaterials against that production order in finidhed stage ?
How to correct that FG cost ?
Please share your experience.
hansika
0
Comments
-
I would have gone for reversals , means -ve adjustment of FG with apply to entry and created the production order again.Kapil Khanna0
-
An alternative is to inventory journal the raw material off and revalue the finished goods to the correct cost.The art of teaching is clarity and the art of learning is to listen0
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