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Has anyone encountered this Inventory Cost Revaluation error?
Good afternoon all,
I am seeing an error in the ICR for Assembly type items when some of their components have a Purchase UOM different from the Stock UOM.
In SCREENSHOT 1.0 the ICR NEW UNIT COST is undervalued by $2.1792 as compared to the Costed BOM in SCREENSHOT 2.0. This is due to component item 327-00372-0086’s location UNIT COST of $0.908 being divided by 5(Purchase UOM) before being multiplied by the QPA of 3, reaching a value of $0.5448 instead of the correct value of $2.724.
Screenshots 3.0 and 3.1 show that the Location Default Cost and Current Standard Cost are correctly evaluated to $0.908 by dividing the Item’s PURCHASE PRICE(for 5) by the PRIMARY PURCHASE UNIT of 5. And that the Location’s Quantity On Hand value is properly calculated. Only the ICR calculation is in error.