Reset Cost Calculation Qty - Global

This utility resets the Cost Calculation Quantity stored on each product to equal the total quantity on hand for that product.
It updates all sales products at once.

The cost calculation quantity is used when calculating the average cost of the product, as outlined in Cost Calculation Quantity.

This option resets all products.
In preparation be certain that:

• all Accounts Payable inventory purchases have been posted in Post A/P Invoices
• there are no outstanding O/S Warehouse Receipts
• all Cash and On Account invoices have been posted through Daily Close 1, 2 & 3 with no errors left in Daily Close 2 Error Log
• there are no outstanding bulk disposals in Allocate Bulk Disposals

If there are products with outstanding A/P invoices, outstanding warehouse receipts, invoices not posted to the A/R sub-ledger and bulk disposals the calculation ignores these items and reports the skipped items to the screen.
This item list can be printed or exported to Excel.