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Question

Inventory Part - Adding "zero cost only" value in Misc Part Info tab

  • July 12, 2024
  • 1 reply
  • 61 views

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  • Do Gooder (Customer)

To change the value to “zero cost only” in Inventory part window, If we adjust the cost to zero and change the inventory valuation method, will it impact the previously recorded entries with their existing values?

1 reply

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  • Do Gooder (Partner)
  • 2 replies
  • July 12, 2024

Not a straightforward answer as it depends on a number of factors.

It will not recost previous transactions, however depending on the Inventory Valuation Method it may impact Inventory Values if using Weighted Average.  It will also impact the Inventory Value if you perform a Past Cost - Cost Set 1 update.

Provide additional information on Inventory Valuation Method and reason for the desired “Zero” cost.


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