Stock Account Change Product Valuation

Adjusts valuation of the products and quants when the cost method or type of a product changes

Technical Name:
Eficent Business and IT Consulting Services S.L.
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Terms and Conditions 

Stock Account Change Product Valuation

If your company runs a perpetual inventory system, changing the product's costing method or the type of product requires proper readjustments:

Changing the type of product.

  • From consumable to stockable: the resulting inventory value will be reset to 0, since everything that was received as a stockable was expensed out at the time of entering the supplier invoice.

Changing the costing method:

  • From standard or average to real: the cost of all the existing quants will be reset to the product's standard price.
  • From real to standard or average: the standard price of the product template will be set to the average unit cost of all the internal quants.
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Known issues / Roadmap

Pending to do:

  • From stockable to consumable: The inventory value should be completely removed. Most importantly when you run a perpetual inventory (connected with accounting)

Bug Tracker

Bugs are tracked on GitHub Issues. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.



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