Home » Categories » Multiple Categories

Fix Inaccurate Avg Part Cost

You need to take the item down to ZERO QOH so that it is forced to start calulating Avg Cost all over again.
 
1. Go to Inventory List screen, enter the part number and click Search.
2. With the selected part highlighted, click on Edit to open the inventory item. Make note of the current QOH (Quantity On Hand).
3. Change the On Hand quantity down to 0 [zero] and then click OK to save this change. (you can skip through the manual change warning)
4. Click on Edit to open the same part item again; change the On Hand back to the previous figure and click OK. (skip the manual change warning again)

As long as the QOH remains above zero, the average cost will continue to calculate.
0 (0)
Article Rating (No Votes)
Rate this article
  • Icon PDFExport to PDF
  • Icon MS-WordExport to MS Word
Attachments Attachments
There are no attachments for this article.
Comments Comments
Related Articles RSS Feed
Posted Order Report Totals Higher Than Totals On Cash Receipts Report
Viewed 11967 times since Wed, Jun 11, 2008
Mgr Report Date Ranges Won’t Stick
Viewed 1507 times since Wed, Aug 8, 2012
Install Customers Marked Non-Tax Report
Viewed 2799 times since Tue, Dec 30, 2008
How to Remove License Plate SE
Viewed 4785 times since Wed, Jun 6, 2012