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Former Member

Inventory Value in P&L Report

Dear Experts,

We have a doubt regarding the impact of AP Credit Notes on the reprentaion of Cost of Goods Sold in the P&L report.

We are using SAP Business One version 9.2 and perpetual inventory system.

Assume we post an AP Invoice for Item X with QTY 100 and value 10$ per item. The inventory value is then 100*10$=1000$. Then we sell a quantity of 10 for item X so the cost of goods sold is 10*10$=100$. After this sale, an AP Credit Note is posted for item X, 'Without Quantity Posting' and with a value of 1 $ per item ( 100*1$=100$ total). In this case the remaining inventory value should be reduced by 90$ and also the cost of goods sold should be reduced by 10$. So in the P&L Report we should see an inventory value of 810$ and a cost of goods sold of 90$. But we see that in SAP B1 this is not appplied as described. Is this correct?

Thank you for reply.

Kind Regards,

Vasilis Korolis

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