Login
Register
Search
Home
Forums
Jobs
LawsonGuru
LawsonGuru Letter
LawsonGuru Blog
Worthwhile Reading
Infor Lawson News Feed
Store
Store FAQs
About
Forums
Supply Chain Management
Lawson S3 Supply Chain
Wrong cost showing in IC12 drill down
Home
Forums
Jobs
LawsonGuru
LawsonGuru Letter
LawsonGuru Blog
Worthwhile Reading
Infor Lawson News Feed
Store
Store FAQs
About
Who's On?
Membership:
Latest:
TomV
Past 24 Hours:
1
Prev. 24 Hours:
2
Overall:
5186
People Online:
Visitors:
137
Members:
0
Total:
137
Online Now:
New Topics
Lawson Landmark
LPL INSTR Functions
4/5/2024 8:32 PM
I'm writing a simple report using the Create R
Infor SCM
Translating 856 to get the ~ REF^CN^ field
4/3/2024 8:24 PM
We are trying to get the tracking number which is
IPA/ProcessFlow
Sample XML file create Flow
4/3/2024 3:43 PM
Hello everyone, I am new to creating XML files
Lawson S3 HR/Payroll/Benefits
bn105 error message
3/26/2024 6:40 PM
I need to change some of the set ups in our Life I
IPA/ProcessFlow
IPA executing Job
3/13/2024 7:08 PM
New to the IPA world and was wondering, can an IPA
Lawson S3 HR/Payroll/Benefits
Life Age Reduction on benefits plans
3/12/2024 7:15 PM
For our optional life we have an age based coverag
Lawson S3 HR/Payroll/Benefits
BN53.1 Add-In
3/7/2024 3:31 PM
We are migrating to Solstice. They require a
Lawson Business Intelligence/Reporting/Crystal
Domain Name Change
3/5/2024 7:45 PM
Our domain name needs to change and was hoping I c
S3 Customization/Development
Cobol calling Shell Script
2/29/2024 1:27 PM
Has anyone created or modified a Lawson Cobol prog
Infor ION
ION vs IPA
2/29/2024 1:24 AM
We had a person new to Lawson and Infor go to Info
Top Forum Posters
Name
Points
Greg Moeller
4184
David Williams
3349
JonA
3288
Kat V
2984
Woozy
1973
Jimmy Chiu
1883
Kwane McNeal
1437
Ragu Raghavan
1348
Roger French
1311
mark.cook
1244
Forums
Unanswered
Active Topics
Most Liked
Most Replies
Search Forums
Search
Advanced Search
Topics
Posts
Prev
Next
Forums
Lawson S3 Supply Chain
Wrong cost showing in IC12 drill down
Sort:
Oldest First
Most Recent First
You are not authorized to post a reply.
Author
Messages
Bev Edwards
Veteran Member
Posts: 366
2/24/2015 2:38 PM
How can I use the IC24 to change the cost information that is showing in the IC12 drill down?
Kat V
Veteran Member
Posts: 1020
2/24/2015 3:10 PM
If you adjust out all stock on hand and then bring back the correct counts with the correct cost, most of the cost information will reset.
Scott Perrier
Veteran Member
Posts: 39
2/24/2015 3:24 PM
You can use ic24.2 to adjust the inventory level down to zero for the cost show on the on the ic12. This should set allow your average cost to reset. Next, reapply the inventory at the correct cost which should now show as your average cost and last cost values. The last issue cost will not change until the next time the item is ordered.
JonA
Veteran Member
Posts: 1162
2/24/2015 3:33 PM
Simple answer is you adjust all stock on hand quantity out and then adjust it back in at the desired cost. But there may be some things to consider.
Is the cost incorrect because the PO line was received at the wrong cost? If the invoice is matched at the correct cost a cost adjustment will be applied to that portion of the stock on hand. If the incorrect cost is caused by wrong PO cost and the invoice hasn't been processed yet, I would back out the receipt and change the cost on the PO line and re-receive.
Another thing to consider is, have there been issues to departments at the wrong cost? If the difference is only a few bucks it's probably not worth it but you might want to credit the departments at the current (wrong) cost, adjust the receiver, correct the PO line cost, re-receive and re-issue to the departments (now at the correct cost).
You are not authorized to post a reply.