Changing Costing Methods

When there is a need to change the costing methods (example from FIFO to Special - Batch Number) for Products with available stocks the current procedure is to do a Write-Off or Stock Adjustment first before it can be changed

My suggestion is to allow all these to be done on the Product page - wherein the change in the costing method is changed, open a page to allow user to enter the Batch or Serial # & Best before date for the available stocks or in the case of reverse (with Batch/Serial # to FIFO) - simply ask for confirmation to remove all batch/serial data.  At the same time the average costs are maintained

That will be a nice seamless improvement

2 people like this idea
  • Changing to FIFO from other costing methods is allowed. DEAR Support answer to similar request as yours was: “Unfortunately, by design, you can't change the product type from FIFO to FIFO Serial for NON-Zero products. You could undo the PO related to the products that taken in for that product, however, this will not work if the products are used in SO or involved in any Stock Transfers or any other trans action. In this case, you will have to undo all related transactions, which is a long process, which is the only way to get about this scenario.”. “Unfortunately, you are unable to make stock zero through the stock adjustment. You only can add to existing stock or add to Zero stock. You are not allowed to make in-hand stock zero.“
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