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Evo-ERP and DBA Classic >> Manufacturing >> BOOK VALUE
http://www.istechforum.com/YaBB.pl?num=1196371607

Message started by NESTOR on 11/29/07 at 14:26:47

Title: BOOK VALUE
Post by NESTOR on 11/29/07 at 14:26:47

We have an outside process that was received with the wrong cost, much higher than it should have been. Now the book value for it is extremely high. How can we change the book value and the in the general ledger.

Title: Re: BOOK VALUE
Post by lmk223a on 11/30/07 at 06:48:06

The cleanest way is to reverse the po receipt. Process a negative receipt at the wrong cost and re-receive at the proper cost. This will update both the general ledger and the outside process cost with one transaction.

::)

Title: Re: BOOK VALUE
Post by NESTOR on 11/30/07 at 08:28:06

On our job cost report the job summary is correct but under materials the actual per part for the outside process is wrong. If I process a negative receipt then the actual per part is then correct, but then the job summary is wrong. How can I fix both parts.