How to change the average cost of an item

Home » Categories » NCR Counterpoint » Inventory

How to change the average cost of an item

Cause:

The average cost field cannot be manually edited, even when the quantity on hand field is zero.

The average cost field can only be changed through posted transactions.

Solution:

  • Enter an inventory adjustment to bring the quantity on hand to zero and post the adjustment.
  • Then, enter a new adjustment to bring the item to the proper quantity at the proper cost.

Average Cost for the location will show for the cost entered when the last adjustment was made.

The Last Cost field must be manually updated. An adjustment will not update this field.

 

Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Error: Item cannot be deleted due to the following errors
Viewed 2311 times since Wed, Jun 18, 2014
Changing the COS% in the inventory record does not update the item record’s COS%.
Viewed 861 times since Wed, May 4, 2016
How to change the tracking method on an item
Viewed 1480 times since Fri, Sep 5, 2014
How to setup bottle deposits
Viewed 1268 times since Fri, Jul 18, 2014
How to add images for Items or Customers
Viewed 16303 times since Mon, Sep 8, 2014