on 10-12-2007 12:38 PM
Hi Everyone,
Thro' system initialization we have maintained standard price
as valuation method.Now the client want to revaluate the
price of the item.
As transactions have taken place the standard
cost is greyed out.Regd inventory revaluation the item cost
is updated for only one warehouse.How can we update the
item cost for all warehouses?
Atul
Atul,
When you have stock (Quantiy on Hand) for an Item you cannot change the cost.
The only way it to Revluate your Inventory which may or may not be right depending on your situation. If you revluation using Inventory revluation then any difference in the cost x quantiy on hand will post to Gain/Loss Inventory revluation account.
Suda
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You will notice that on the Stock revaluation, you specify warehouse. You will need to do this for each warehouse.
Kind Regards
John Treweeks
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