i am buying goods on bulk and selling them on inventory, some of them bought as inventory as well, however the system is calculating the cost of inventory from the sell invoices each invoice the system generate cost of good, not from purchase invoice. it seems like new update however all our numbers seems wrong now last year we didn’t inter any inventory purchase. and still inventory cost is there which make us in minus
the system is calculation the inventory cost automatically, which is wrong, the system is only get the entry of purchase item it makes all our numbers wrong
Can you demonstrate using screenshots?
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we use to buy goods in bulk and sell them as inventory, the cost of chocolate and cost of chocolate dates this is the real cost.
cost of inventory the system calculated Automatically, now we are buying some goods as inventory some as bulk. even system showing negative inventory clearing.
the system should calculate only purchase invoices interned.
now it shows we are in loose which is not true.
When you click on Negative inventory clearing balance, there is Recalculate button. Have you tried clicking it to recalculate your inventory costs?
yes i have tried it doesn’t change any thing, the system is calculating the inventory cost from it self, we buy goods at different price some times, some times we buy them in bulk by kg then we pack them and they become inventory its huge issue for us please check this matter.
the system should get the cost only when inter purchase invoice not Automatic
it shouldn’t be any inventory cost in the screenshot all this goods were bought in kg and transfer into inventory… its cost of chocolate and cost of chocolate dates, however, system calculating the inventory cost from the months later, all numbers looks wrong
Remove the lock date if its enabled and then try recalculate.
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cant find it on system its new update i think negative inventory are there and system calculate invertory cost after making invoice directly. even if its not yet inter as purchase yet
Check the top right corner if Lock accounting period is enable or not. If enabled then disable it and recalculate your inventory costs.
i don’t have the option, screenshot is here, i attached also inventory cost was auto calculated from invoiced made and still purchase invoice not interred
It is hard to tell where the issue is just by looking at a screenshot. Check the whole ledger of an item all purchase and sales invoices and look for where the unit cost is being calculated wrong.
