Forum Discussion

sascaro's avatar
sascaro
Experienced User
3 years ago

cost of sales calculating incorrectly on credit note

Hi - I have just noticed that for some reason the COS was recorded as an amount inclusive of GST when a credit note was done. Prior to doing the credit note, the inventory item had zero in stock and ...
Mike_James's avatar
Mike_James
Ultimate Partner

Hi sascaro , this is a long-standing issue (I first noted it in 2014), which occurs only when there is no stock on hand at the time of the credit, and the last cost includes GST (I think). If necessary, you will have to make a manual inventory adjustment. 

Related content