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Question

Weighted average and project inventory

  • November 16, 2023
  • 0 replies
  • 47 views

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Hello,

I have the following situation:

-IFS10 UPD16

-The company uses Weighted Average 

-They buy an inventory part, that goes in Project Inventory, at $411 (PO Price).

-When the part is issued to a Work Order connected to the project, the cost is $170 (based on WA).

 

After the part is used, even if qty=0, I still have an amount left in project inventory of $241 ($411-$170 ).

How do I get rid of this difference?

 

Thanks,

Cora