Problem Changing from Average Costing to FIFO Perpetual (Version 9

Our company changed our inventory valuation method from FIFO Perpetual to
Average Costing.  After two months we reverted back to FIFO Perpetual.

We now have a problem when we create a new SOP document.  The cost that the
system is retrieving on the document is the CURRCOST from IV00101, not the
STNDCOST as we would expect.  We have run the Change valuation method utility
and have checked links and reconciled, but this behaviour continues.  If we
create a new item that have not gone through this FIFO to AVG to FIFO chance
cycle it picks up the STNDCOST correctly.

Any ideas?

Thanks,
John

 0
12/12/2007 11:40:01 AM
greatplains 29623 articles. 6 followers.

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For a FIFO perpetual I believe it's behaving as designed. The standard
cost is only used for periodic items.  The cost displayed on the
invoice doesn't mean anything anyway, the cost isn't really set until
the invoice is posted - then it goes and looks at the FIFO layer to
see how much should be charged to COGS.

 0
leslievail1 (120)
12/24/2007 11:12:23 AM
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