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Finance | Project Operations, Human Resources, ...
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Inventory value

Posted on by 20
Hi guys, i have an aging report in finance and operations which is showing a positive on hand and a negative average unit cost and inventory value, how do i correct that because the user
1. posted 11 purchase transactions without a cost(movement journals)
2.reversed them with a negative quantity without a value
3.post again a purchase movement journal with costs for the same item on the same date 
 
so when you run the aging report for that month it shows the negative average cost and negative inventory value...what would be the problem and how do i rectify that 
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  • André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 290,961 Super User 2024 Season 2 on at
    Inventory value
    Thanks for your reply. Can you also answer my second question, please?
  • CU09100936-0 Profile Picture
    CU09100936-0 20 on at
    Inventory value
    Its using weighted average costing 
  • André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 290,961 Super User 2024 Season 2 on at
    Inventory value
    Hi,
     
    Can you tell us what inventory costing method is selected on the item model group? Were these the only transactions for this item or are there many more?

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