I came across one scenario when uploading Inventory opening balance. Please help me to sort out the same if anyone has solution for the same.
The scenario as follows:
I have one Item called “ITEM-1” The same Item got total 2 Quantity on hand. 1 is in Finished Goods stage and the other 1 is in WIP stage. In fact the FG cost is @ 10 rupees and WIP cost is @ 7 rupees.
I am following Standard Cost method and in Costing version the cost is entered as 10 and activated the same. But when I post the batch of WIP through Inventory Movement the system is automatically update the cost into 10 from 7; this is hitting my GL side. In fact I want the WIP batch should be posted with the cost of 7.
I kindly request everyone faced the same scenario and found any solution then please let me know ASAP.
Thanks in advance