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Current Value & Average Cost N/A

FionaMiriam

I went into an item that we have stocked for years. We just currently do not have any stock on hand or on order.

In the Current Value and the Average Cost there is N/A - see attachment for screen shot.

I have never seen this before. Is this an error with this item's card file? Could this have happened after the 'fix'?

Thanks

Average Cost Current Value NA_Redacted.pdf

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FionaMiriam

Hi Komal

Checked our orders, all bills had been converted so that wasn't the issue.

I managed to fix it by doing an inventory journal and adding an item of stock and then removing that item. When I did that it came up with the stock value of $0.01, which would make it a rounding error when the original stock got to zero and MYOB has then thrown an error.

I have not found it on any other item code, so I am going to assume it was something to do with your cost of goods error and then the subsequent 'fix' that was done, or how MYOB is calculating rounding errors.

We are finding lots of anomilies with rounding errors in our sales invoicing as well, but I will start another post about that.

Thanks

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FionaMiriam

Hi Komal

Do you know what / how this issue has occured? So far I've only seen it on one item card file. I would like to know how this has happened so it can be prevented from happening again.

Can you also verify that the information you have requested is appropriate to give to you.

Thanks

Komal_S

Hi @FionaMiriam

If your file is online, we can run a script to reset the current value and average cost to zero for items with zero quantity. Please send me your product serial number and company file name by Private Message so I can arrange it.