Updating PO Receipt Cost on Sold Product
You will need to click on the sold icon to unlock the line item. This will allow you to make a change to the receipt/PO cost for that line item. Make sure any cost changes are saved. This will update the COGS and Inventory values on the affected order(s).
Note: if the receipt is for a purchase order generated from a work order then you will not be able to make changes to the line item cost on the receipt. You will be required to cancel the sales invoice and the delivery, update the cost, and then recreate the delivery and sales invoice.
Related Articles
Receipt Line Items Un/Locked for Editing
Receipt Lines that have been unlocked for editing and not saved will not be included in the product's inventory totals. These warnings will appear on the Data > Overview page. A receipt is unlocked to make a change to the receipt cost after the ...Landed Cost
Landed cost is total cost of receiving a product which includes, product cost, freight, and surcharges. The landed cost of a product is used in calculating your average cost. For example, if two products were ordered and $60 in freight was charged to ...Managing product with multiple UOMs
When a product is set up with multiple UOMs for purchasing and sales, particular attention is needed for inventory movement (purchases, sales, adjustments) to keep your inventory accurate. When adding a UOM in addition to the default UOM, the whole ...Product Record Detail
Below are some of the common product detail fields, but not all fields may be on the product canvas. Other fields can be added and be updateable to the product detail record. Inventory - Checked will make this a stocking product, otherwise the ...Product Return
Product Returns are generated from sales invoices that will return the product(s) to inventory at the cost purchased. To create a Product Return; Go to the invoice the product was purchased on Click on Product Return Select the products and ...