We are using a LIFO inventory costing method on Navision. On the Inventory Valuation report there are multple lines for each product showing what makes up the quantity and dollar value per item. Some of those items are not in inventory. How can we deduct the earlier items while on LIFO. If we try to deduct under LIFO, it takes out the most recent additions to inventory instead of the earlier ones. The items we would like to deduct are purchases as well as positive adjustments. The purchases have all been paid for. Thanks very much for your help. Dan
You should be able to use the Applies-to Entry on the Item Journal (or Sales Order). If you pick a specific Item Ledger Entry, it should deduct from that entry.
Thanks - I used this idea and it worked. Dan