Hi Masters,
why a simple credit note, with only 1 item and 1 price, when I check the Inventory Cost in the Profit and Lost Statement, can became so many prices?
Because credit notes require that a cost be removed from the Inventorhy - cost account through a credit and restored to the Inventory on hand account through a matching debit. Manager will take inventory costs from the most recent sales transaction for this purpose. When the most recent sale does not include enough units of the inventory item, Manager goes to the previous transaction, and so on.
In your case, you had to find 60 boxes’ worth of costs. If you typically sell one or a few boxes at a time, you might need to go back to many previous sales. In this case, Manager had to go back through 20 transactions before it could properly cost all 60 boxes.
In a situation where an inventory item moves slowly, you might discover that the most recent sale was the one which is being returned via credit note. In that case, only one transaction would be necessary. But if there have been many sales of an item between the one being returned and the issuance of the credit note, there can be many.
ah, got it! understood! thank you, tut