How to correct the COGS amount?

Business Central/NAV User Forum
1

Hi,

My client posted the wrong purchase cost (which is by Item charge, assinged with extreme high value) of item and, then posted several sales invoice for the same item. Now his COGS and Inventory affected. I adjusted the unit cost using a revalution journal for the purchase direct cost. Revalution and Cost adjustment didnt reflect in sales side (COGS).

If Someone encountered with same scenario can you share your experience how to correct the GOGS & Inventory value which is by ledger entry level in NAV?

thanks&regards,

ODGO

2

Hi,

Best to correct with charge on item, assigning the charge to the original warehouse receipt for the goods.

Remember to then run the adjust cost item entry batch job too