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Need to change cost to zero for a posted invoice

thread637-1562809

Need to change cost to zero for a posted invoice

Need to change cost to zero for a posted invoice

(OP)
I have an invoice that was billed with an invalid cost.  It should have been billed with a zero cost amount.  I issued a credit with with original cost - I then changed all the cost fields to zero and rebilled the item but it still pulled up the original cost.  What can I do?
 

RE: Need to change cost to zero for a posted invoice

Why would you want to bill at zero cost? You will create an out of balance between your inventory trail balance and the GL.  

RE: Need to change cost to zero for a posted invoice

(OP)
There is no cost because the items sold were aquired for free.
however there is normally would be a cost on this item.  The valuation would normally be FIFO.  I could consider the cost at a $.01 if the system doesn't like zero.  Because they were sold at the wrong cost the GL reports is reporting a loss when there was actually a profit.
 

RE: Need to change cost to zero for a posted invoice

(OP)
Can I change the cost on an item or does mas90 maintain it only when an item has quantity received?  Any help would be greatly appreciated!

Thanks Again
 

RE: Need to change cost to zero for a posted invoice

You should be discussing this with your reseller. For FIFO MAS maintains costing tiers. For Lot and Serial it keeps cost by lot and serial numbers. If the items were aquired for free and brought into the system with zero cost then there is nothing else you need to do.

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