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COGS account DR without being CR how to reduce it?

edited Apr 7, 2025 10:55AM in Costing 10 comments

Summary:

The secnairo is as below:

1. Submit Misc receipt and flag of "Use the item current cost" selected with YES while there is no current cost for this item, so all transactions which submitted

before PO receipt are without cost and no journal entries created for these transactions.

» No Journal entries created

2.Submit Misc. issue » No Journal entries created

3. Receive a PO » all transactions submitted after PO receipt created journal entries as there are item costs

4. Submit Misc. Issue

Dr.COGS

Cr.Inv.

Now the COGS is high without being received with journal entries

how can I reduce the COGS account ?

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