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NSC | Work Order Completion Projected Value changed by -System-

Apr 9, 2024 3:10PM in Accounting / ERP

Scenario

User wants to know why there was a change in Projected Value of a Work Order Completion made by -System-.

Additional information:

Costing Method of Assembly Item: Average
Costing Method of Component Items: Lot Numbered

Solution

The first thing to check is the Schedule Inventory Costing preference in the account.

It can be found in Setup > Accounting > Inventory Costing Preferences.

Verify if the costing is running every hour or on a custom schedule.

Refer to SuiteAnswers 65659 for more information about this.

Regarding the GL Impact changed by -System-, this is standard behavior for Lot Numbered Items. When using Lot Numbered Items in transactions which reduce the inventory quantity, it usually uses the average cost first, then system will do a costing recalculation to correct the cost used in the transaction.

Ivy Lopez-Oracle | Ask A Guru