Chage of Cost of goods sold account in inventory

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erp11
Posts: 20
Joined: Sat Dec 12, 2009 6:41 am
Location: India

Chage of Cost of goods sold account in inventory

Post by erp11 »

Hi All,

Currently one key account was set up in the inventory for the cost of goods sold.

Now the business wants to change the Cost of goods sold (COGS) Ac in the inventory.

The Cost method defined was Average.

Can we change the COGS Ac or it will affect negatively if we change the ac.

Appreciate your help
hiszaki
Posts: 482
Joined: Thu May 10, 2007 9:03 am
Location: Egypt

Post by hiszaki »

Hi erp11

If you ask about change the COGS account in inventory organization. it's possible to change it.

Open the inventory organization & change the account.
Thanks
Hisham
erp11
Posts: 20
Joined: Sat Dec 12, 2009 6:41 am
Location: India

Post by erp11 »

[quote]Hi erp11

If you ask about change the COGS account in inventory organization. it's possible to change it.

Open the inventory organization & change the account.
Thanks
Hisham

<i><div align="right">Originally posted by hiszaki
erp11
Posts: 20
Joined: Sat Dec 12, 2009 6:41 am
Location: India

Post by erp11 »

[quote][quote]Hi erp11

If you ask about change the COGS account in inventory organization. it's possible to change it.

Open the inventory organization & change the account.
Thanks
Hisham

<i><div align="right">Originally posted by hiszaki
hiszaki
Posts: 482
Joined: Thu May 10, 2007 9:03 am
Location: Egypt

Post by hiszaki »

Hi erp11

according to my knowledge, Change COGS ac at inventory will not make any affect except if you make return to inventory (RMA transaction) may be the COGS ac get the new ac for this transaction (need to be tested).

Other this case, new transactions will use the new ac & old transaction get the old ac.

Thanks
Hisham
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