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Update Average Cost for Stock Items


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I am trying to update the average cost for stock items that were migrated into Acumatica without an average cost.  To do this, I did a quantity adjustment with Ext Cost what I want the average cost to be and the quantity zero.  I am getting the following error.

 

 

 

 

I tried doing this again with a quantity of 1 which worked, but then when I did the adjustment for a quantity of -1 to make our actualy on hand inventory accurate the average cost went back to zero.

 

How do I update the average cost for a stock item without changing the quantity on hand?

Best answer by andrestamour43

@josborn - a receipt with a cost and no quantity would leave a value on the shelf with no goods to back the value.

The Average Cost statistic on the stock item is displaying the average cost of the inventory currently on hand. If you have 0 inventory on hand the average cost will be zero.

Example of item with 0 on hand inventory


For future adjustments/ receipts when the average cost is 0.00, then the system will use the last cost. You can manually update the last cost without having to do an adjustment. 

 

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7 replies

Laura02
Captain II
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  • Captain II
  • 3132 replies
  • April 5, 2024

Hello, 

I don’t see an error above. Can you type in the text of your error or paste a screen shot?

I think the items must be adjusted out at their current cost of $0 and then received in with their correct average cost (with inventory migration mode on - Update GL not checked in IN Preferences).

Laura


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  • Author
  • Freshman I
  • 32 replies
  • April 15, 2024

Here is a screenshot.


Manikanta Dhulipudi
Captain II
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Hi 

The corrective action would be to change the Cost on the document to some amount equal to (or below) the overall Inventory cost.

Please check the cost in the Inventory valuation report of the particular item.

I found this is a Known issue AC-245370 caused by negative quantity in Return order types.

Please create a case with your VAR/ Acumatica


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  • Author
  • Freshman I
  • 32 replies
  • April 15, 2024

The cost is zero.  The problem is I cannot add a receipt with only a cost and not a quantity.


Chris Hackett
Community Manager
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  • Acumatica Community Manager
  • 2771 replies
  • June 3, 2024

Hi @josborn were you able to find a solution? Thank you!


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  • Acumatica Employee
  • 104 replies
  • Answer
  • June 13, 2024

@josborn - a receipt with a cost and no quantity would leave a value on the shelf with no goods to back the value.

The Average Cost statistic on the stock item is displaying the average cost of the inventory currently on hand. If you have 0 inventory on hand the average cost will be zero.

Example of item with 0 on hand inventory


For future adjustments/ receipts when the average cost is 0.00, then the system will use the last cost. You can manually update the last cost without having to do an adjustment. 

 


  • Freshman I
  • 7 replies
  • August 28, 2024

Is there a way to preserve last average cost (in a custom field) of the stock item when we had on hand inventory?


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