Solved

How to input Current Cost in the Stock Items

  • 4 May 2023
  • 5 replies
  • 207 views

Userlevel 4
Badge

Hi,

May I know the process on how to input the current cost of a stock item? I am using standard valuation method.
 Or is there other process outside the stock item fields to have the current cost.

Thanks.
 

 

icon

Best answer by estebanperalta54 4 May 2023, 19:39

View original

5 replies

Userlevel 6
Badge +3

Hi @bernadeth58 make sure to run the update cost action to go into effect:

 

Userlevel 7
Badge +16

HI @bernadeth58 

Here is the help article for that:

https://help.acumatica.com/(W(14))/Help?ScreenId=ShowWiki&pageid=d2036919-67cb-44ca-ab1d-c9d92ed52af7

Along with what @estebanperalta54 you can run it for all items on update standard cost:

You can also write an import scenario to import all pending costs at once:

 

Userlevel 7
Badge +17

@bernadeth58  Yes,

  1. Provide the value in the Pending Cost field under the Standard Cost section
  2. Select the Pending Cost Date, from when you wanted to affect this Cost
  3. Click on the Update Cost to affect in the Acumatica system as as shown above. 
Userlevel 4
Badge

Thank you all! 

Userlevel 3
Badge

HI @bernadeth58 

Here is the help article for that:

https://help.acumatica.com/(W(14))/Help?ScreenId=ShowWiki&pageid=d2036919-67cb-44ca-ab1d-c9d92ed52af7

Along with what @estebanperalta54 you can run it for all items on update standard cost:

You can also write an import scenario to import all pending costs at once:

 

 

we are interested in doing it this way. But do you know if it’s possible in the import scenario to also run the update cost as well? or is setting the pending cost and date sufficient for them to roll through as you would expect?

 

Thank you!

Julia

Reply


About Acumatica ERP system
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
© 2008 — 2024  Acumatica, Inc. All rights reserved