Reset Cost Calculation Qty

This utility allows access to the Cost Calculation Quantity (CCQ) stored on a product, that is used when calculating the average cost of the product.

When inventory is received in the warehouse, the quantity on hand at the old cost is tracked as CCQ.
Then when the invoice for the new quantity is entered, the quantity received at the new cost and the quantity at the old cost are used to calculate the new average cost.
For more details on this calculation refer to Cost Calculation Quantity.

After all Accounts Payable inventory purchases have been posted (i.e. No outstanding Warehouse Receipts in O/S Warehouse Receipts) and all sales invoices have been posted (Daily Close 1, 2 & 3 are run with no errors and no bulk disposals), the Cost Calculation Quantity and the total quantity On Hand should equal each other.
If they do not match, this utility can be used to access and reset the CCQ for a single product.
A window is provided to view and update the Cost Quantity at each location.

ACTIONS:
Additional actions provided by buttons on the Reset Cost Calculation Qty screen include:

• Reset the CCQ for all Products
  Click the RESET ALL button at the bottom left of the screen to reset the Cost Calculation Quantity for all products, as outlined in Reset Cost Calculation Qty - Global.