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Chage of Cost of goods sold account in inventory
Posted: Fri Oct 12, 2012 4:43 am
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
Posted: Sun Oct 14, 2012 3:30 am
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
Posted: Sun Oct 14, 2012 8:13 am
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
Posted: Tue Oct 16, 2012 1:03 am
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
Posted: Wed Oct 24, 2012 3:50 am
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