If there is a discrepancy between receipt and invoice, then that should be a new posting group and applied at the point of receipt, much like the current interim accounts.
Comments
Another issue could be if the cost Invoice is received before the Items are received.Them it would be great if it is possible to asign the costs to the items after they are received
Category: Inventory
absolutly right!We are using the charge item costs for machine discounts. Machines have often more than one discount. For the review of all discounts we seperate them in different charge item costs.Now, every machine inventory value is to high, until we post the purchase invoice...Sometimes it takes more than 6 months until we get the purchase invoice.
Category: Inventory
We have this case all the time especially when we have expensive items. The Purchase Invoice will be send 3-4 month after the shipment. So we have a big gap in the Income Statement when the item is already sold.Very Very important point. Please put this on the roadmap
Category: Inventory
Absolutely. There needs to be the option to extend expecting costing to include item charges. When importing goods the cost element for landed costs (Freight, Duty) etc could form a considerable portion of the cost of the good and without this option business can be considerably under valuing their goods.
Category: Inventory
As an addition, my attempt at making a suggestion: https://github.com/MicrosoftDocs/nav-content/issues/101
Hi there,
at an inventory costing training, after explaining how it works, I almost immediatily got the question: "Why are there no expected costs for item charges?" That is quite right from an accountant's point of view. You could argue that the charges are negligible, but that's not always the case. For example, when the charges are part of the purchase pricing, like copper markup. You receive the goods, post expected cost, and these are (significantly) too low for this type of transaction. And it's not an immaterial transaction either.
So, as a proposal for future improvements, could you please add expected cost value entries for assigned item charges when shipping/receiving? That would increase consistency of the inventory costing, and it would make the product more useful.
with best regards
Jens Glathe
Category: Inventory