We have noticed some items that we receive through purchase orders have an adjustment being made with the posting type “cost revaluation for moving average”.
This wouldn’t be a problem but the adjustment is setting their cost down to 0 and putting the difference into our Cost of Sales. This means that we are not getting accurate costs for jobs as the material comes through as having no value.
Does anyone know why this might be happening or where I can get more information on this, resources seem light on the topic.
Thanks!
Is this happening for all purchase orders, or just randomly? If randomly, are there any similarities between the ones that are having issues and the ones that aren’t?
Its not happening for all purchase orders and is seemingly random.
I have collated a list of parts that we have identified as being affected but when I look through them there is nothing that correlates them all together as a potential unanimous issue.
Potentially it could come down to how PO’s are being raised but at the same time I don’t know why our buyer wouldn’t be following the exact same process each time a new one goes through.
well, i believe that transaction happens when there’s a cost adjustment. things that might do that would be a difference between the price on the invoice and on the product receipt? maybe someone is crediting something or manually adjusting a price?
Also, you might ask the buyer. Give them a couple of items and ask if they can remember if they did something different. A lot of times people will remember, because there was something weird that happened or a special use case.