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Summary 0029714: [Cost Adjutments] - Inventory Amount Updated process do not properly set the "Standard" cost Ending Date.
Revision 2015-04-30 14:05 by aferraz
Steps To Reproduce For an organization create a costing rule including "Standard" as costing algorithm.

Navigate to product window and create a new product. Enter a purchase price list = 100.00 for instance and a standard cost of 100.00 in the tab "Costing". Cost starting date 01-01-2015, ending date 31-12-9999. Select check-box "Manual".

Create a purchase order for that product dated on 01-01-2015. Book the order.

Complete and post the corresponding Goods Receipt created from the purchase order previously booked.

Let's imagine that 10 units have been purchased at a price / standard cost of 100.00, make a total inventory value for that product of 10.000

Navigate to Inventory Amount Update and create a new one dated on 28-04-2015 for that product. Change the unit cost to 50. Process and post both closing/opening inventories.

Go back to product window and realize that the cost has changed, see image attached. Ending date shown is not correct as it should be 31-12-9999. There is no possible to calculate the cost of any other output transaction related to this item dated on a later date, as there is no standard cost defined for a later date.

Revision 2015-04-30 11:56 by aferraz
Steps To Reproduce For an organization create a costing rule including "Standard" as costing algorithm.

Navigate to product window and create a new product. Enter a purchase price list = 100.00 for instance and a standard cost of 100.00 in the tab "Costing". Cost starting date 01-01-2015, ending date 31-12-9999. Select check-box "Manual".

Navigate to purchase invoice and create a purchase invoice for that product dated on 01-01-2015. Book the order.

Complete and post the corresponding Goods Receipt created from the purchase order previously booked.

Let's imagine that 10 units have been purchased at a price / standard cost of 100.00, make a total inventory value for that product of 10.000

Navigate to Inventory Amount Update and create a new one dated on 28-04-2015 for that product. Change the unit cost to 50. Process and post both closing/opening inventories.

Go back to product window and realize that the cost has changed, see image attached. Ending date shown is not correct as it should be 31-12-9999. There is no possible to calculate the cost of any other output transaction related to this item dated on a later date, as there is no standard cost defined for a later date.



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