Cost Posting

eagle_eye
eagle_eye Member Posts: 130
I am using Standard Cost.

At the time Inventory was posted, Standard Cost was set to 6.00 and that is the VAlue Entry created.

Standard Cost should have been 6.50 (And is what the inventory valuation should be).

How can I fix this?

Comments

  • Kowa
    Kowa Member Posts: 927
    Use the revaluation journal with 6.50 as the "Unit Cost (Revalued)"
    Kai Kowalewski
  • jannestig
    jannestig Member Posts: 1,000
    The standard cost worksheet is also an option, under purchase > costing

    Only in version 5 >