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Dec 18, 2008 at 02:45 PM

Updating inventory which is consumed

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Hi

Please tell me how to valuate a material stock which is already consumed.

Ex: I procured a material and incurred some incidental costs and did GR for it. so my stock value is updated with all costs. Before doing the invoice I consumed the full stock and in the invoice - incidental costs were more. I want to post the difference directly in invoice by debiting materil - but as there is no stock - my stock account is not hit.it is going to price variance account. So please tell me the way how I can valuate the stock (consumed already) with that difference cost also.

Thanks