Unit costs (problem)

[Wafra_Farms]

I have record the unit cost at the last financial closing date last June, but the manager still calculates the unit cost unchanged since that date.

Please I Have a big big problem . the retained earning , Inventory cost and other accounts is incorrect This is after approving the financial closing and issuing the financial statements and need to correct this issues ASAP.

[Manager_User]

It sounds like you do not understand how this forum works:

1. Everyone here including Moderators are helping because they want to, we all are not paid in anyway, we also are not in the know about changes unless @lubos makes a public post on what he is doing.
2. As @eko has stated we need more information, he has told you want we need to see.
3. When you include screenshots please include the entire manager window, that helps us see what the screenshot is, as at the top of every window there is a thing that shows you where you are. You can see it here:
   
   

At this point you will just have to see if anyone else can help, I can’t as I don’t use this feature and so would have to learn it myself, which I am not able to right now.

[Wafra_Farms]

@lubos Please I want help to solve this intractable problem. The updates came suddenly and retroactively, and this is a flaw in the manager’s system. How can I, after the financial periods are closed and official financial statements are issued, change the financial data presented to users from the administration and government agencies, and I have not yet found a response in this system to fix what is corrupted?

[Ealfardan]

@lubos, could you please rerun the update and repopulate the unit cost with cost figures that reflect the old method.

I say this because users cannot simply go back and restate their previous figures or attempt to rework the entire history of inventory costing because that’s way too much work.

I’m asking for Manager to replicate the exact cost figures from before the update using the new improved method. I think this should be possible.

[ELSHERBINI]

All accountants who use the system told their companies of the need to change this system in their companies

[eko]

@ELSHERBINI

…need to change this system in their companies…

Why is this addressed to me? See

Unit costs (problem)

I am a paying Manager Server Edition user and not related to the company that produces Manager. I am a volunteer Forum user like you but also a volunteer moderator to help with keeping the forum organized. As mentioned I decided to stop helping you as you did not provide the correct information as requested and repeated. Others are free to help you and I hope they manage.

[eko]

An explanation, but not a resolution, by @Lubos for the issues with the reported recalculation feature—such as altering historical data, affecting financial reports, miscalculating unit costs, and causing missing or incorrect data that may risk tax issues.—can be found at:

There is no technical support to solve problems and there is no benefit from the forum

The figures would retrospectively change only for users who use: Inventory items Production orders and had any production orders with insufficent quantity where output item would be sold (or used in another production order) before insufficent quantity was resolved. If your Inventory on hand balance has changed, it means Manager has calculated different unit costs. Go to balance sheet report which now has changed figure. Click on Inventory on hand balance You will see Unit cost colum…

[Rashad]

Hello @Lubos,
Unfortunately, the cost issue is still relevant, as the cost of the product during production is 0.62, when calculating the value of the Remainings in the Warehouse it is 1.02, and the written-off cost after the sale is 0.38.
There was no remaining on the ground before production.
In the previous version, it was possible to track the formation of the cost and the formation of the total remaining amount, and if it was incorrect, it could be resolved, but now these figures cannot be tracked, I can’t fix it at all.

[RBT0519]

Hello, May i know how to authorize a user to access the inventory unit cost.

[unicornfns]

I’m Pretty Sure What @ELSHERBINI mean is an Detailed previous inventory like this:

It’s shows everything we need for each item on inventory, How much we use, how much we purchase & how much we write off, but current manager is not allowing us to see those information again from inventory at all.

[Cynthia_Chin]

is there any update about fixing the average cost for now?

[shahabb]

@lubos

I agree that the figures should be clickable so it can be reviewed what transactions have been used to calculate them and how.

@lubos mentioned it. So i hope its implemented soon.

[rully_p]

Dear @lubos it’s been around 2 weeks we had this issue and it’s almost the end of December, please roll back to previous version or if you can give us any solution regarding this matter ? It’s almost audit time and end of year closing we’ll be screwed if this hasn’t been solved.

[Tanveer]

Why the team of manager.io cannot get the issue, we all are facing? I have tried many times but your unit cost does not calculate accurately I have given the pics of that before and waited for you to resolve the issue but there is no one to solve? and I do not use order production and etc. which can affect your method of calculation. I simply purchase and sell.

[Tanveer]

your unit cost calculates 23657 when that the manual calculation is 25950
what is wrong, we are doing here, no negative quantity, no production order just purchases and sell?

[shahabb]

You need to explain further what you have done in manual calculations from where those figures are coming and what those figures are. Also which valuation method you are using in Manager for this Item. Need more details.

[Tanveer]

Sir just simple average cost calculation and software do it automatically.

[shahabb]

It doesnt work like that. Manager will calculate using moving average. So its not about adding purchase amounts and qty. you might have sold some of the qty in between of all these transactions. That might be the reason for difference.

[Tanveer]

Agreed