FrontAccounting forum — Valuation Report unit cost question

Re: Valuation Report unit cost question

2025-01-13T11:59:37Z

tom wrote:

I will try that with more items later today when I have time.

It worked for a few, then one that had a very old purchasing date was all messed up.

I actually looks at the date code and it was from 2019, so it should really be discarded.

So Is depleting inventory to 0 and then 'restocking' (all with inventory adjustment) the right way to go?

Should I do that any time I get a significant price change?

Tom

2025-01-12T14:11:23Z

In the valuation report HA18 is listed at a unit cost of $23.08 and I have 11 On hand

I removed 11 @ $23.08 and added them back at $13.73 (which auto populated) and it looks ok.

I will try that with more items later today when I have time.

Tom

2025-01-12T13:44:47Z

In my Valuation report (attached)

Acculap Pitch are always 13.73 but values range from 10.66 to 23.08

10.66 may have been a very old price for them...

I am not overly concerned how this happened, I just want to correct it moving forward.

Maybe it was wrong in the 10+ yr spam of usage database that I used to create my 2024 one...

I am looking at other issues, but it is likely if I can fix it for one item, that will allow me to fix them all

I assume that manufactured items get the value when they are manufactured, but I do not have a surplus, so those should correct over time.

Tom