HI All,
Does the IFS Cloud allow negative inventory? If yes, how would the system recalculate the average cost when the quantity on hand is negative, and a PO receipt is posted?
Regards
Lakna
Solved
Negative Inventory Value
Best answer by Furkan Zengin
Hello
Negative quantity is allowed in IFS only when the inventory valuation method is Standard Cost. Therefore recalculation would be always based on standard cost. See the help description below.
Negative On Hand Allowed
If this check box is selected, the part can have a negative quantity on hand in inventory. Only backflush transactions can create this, affecting exclusively shop orders or production schedules. You can have a negative quantity on hand only when the inventory valuation method is set to Standard Cost.
Hope this helps
+21Hello
Negative quantity is allowed in IFS only when the inventory valuation method is Standard Cost. Therefore recalculation would be always based on standard cost. See the help description below.
Negative On Hand Allowed
If this check box is selected, the part can have a negative quantity on hand in inventory. Only backflush transactions can create this, affecting exclusively shop orders or production schedules. You can have a negative quantity on hand only when the inventory valuation method is set to Standard Cost.
Hope this helps
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