Inventory adjustments
HI during my leave a staff member entered a EUR purchase and unfortunately put a few "0" too many into the forex value. This resulted in a A$ value of 2,428,593 instead of A$ 24,285.93. I correcte...
Forum Discussion
Hello Mike,
somehow it doesn't work for me.
Here is what I did. The purchase value of the LED bulb is
EUR 19.50, the exchange rate is 0.6426 and I have 8 bulbs still in stock.
19.50/0.6426x8 = A$ 242.80.
I adjusted the value of this item accordingly the result is shown in the enclosed item list summary.
My next step is to open the purchase (which has the correct EUR value) and change the exchange rate from 0.00643 (original applied value) to 0.6326 (correct rate as per RBA). Then I try to compute this purchase in clicking ok and still get the error message for the item.
What is it that I do wrong?
regards
Peter
Hi PKH1 , is the purchase also for 8 items?
HI Mike,
no the purchase was for 10 items, two have been sold already
regards
Peter
Hi PKH1 , as I thought. The onhand qty and value must be adjusted via IJ to be the same as the INCORRECT purchase line, then you can adjust the purchase.
Edited to clarify.
Mike,
thanks for your help. I was complicated but I finally managed to get it right.
The P&L is in order as well
cheers
Peter