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Regarding revaluation of item cost

Former Member
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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

Accepted Solutions (0)

Answers (2)

Answers (2)

former_member583013
Active Contributor
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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

john_treweeks
Participant
0 Kudos

You will notice that on the Stock revaluation, you specify warehouse. You will need to do this for each warehouse.

Kind Regards

John Treweeks