Cost Processor Errors and Warnings

Summary

The outgoing inventory transaction could not be costed because a perpetual average cost was not found

Content

Hi All,

We stuck with following 'Cost Processor' error against the 3 transactions. We ran the 'Create accounting distribution' process and got the Errors

Error details

The outgoing inventory transaction could not be costed because a perpetual average cost was not found.

There is no receipt cost for the item. This could be because inventory was issued before the receipt was processed, or it could be due to a delay in receiving the item's cost from the receipt cost interface.

Please review the attached screen shot and advice.