Can we change "Costing Method" of a product from "Average Cost" to "Standard Cost" and vice versa

Can we change "Costing Method" of a product from "Average Cost" to "Standard Cost" and vice versa

Version

6.5 Update 6, not the version-specific

Query

 Can we change the "Costing Method" of a product from "Average Cost" to "Standard Cost" and vice versa? Below is the screenshot for the same:

Response

 The "Costing Method" once defined can't be changed. This is a system by design.
 
This KB article concludes here.


    • Related Articles

    • Average cost in iVend

      Average cost in iVend This article to explain how the costing method – Average Cost works in iVend Retail The average cost method assigns a cost to inventory items based on the total cost of goods purchased or produced in a period divided by the ...

    • iVend Retail How Costing Works in iVend with Subsidiaries

      iVend Retail – How Costing Works in iVend with Subsidiaries This article to explain how costing works in iVend Retail with Subsidiaries enabled in the environment. There are two (2) costing methods available in iVend: Standard Cost Average Cost In a ...

    • Cost is not changing when creating Purchase Order

      Environment: iVend 6.6 Unplugged Problem Statement: Cost is not changing when creating Purchase Order. Proposed Solution: For above scenario we can check and verified in unplugged ivend version using costing method as ’average cost’ and costing sub ...

    • Sales and Purchase Tax Code on Item Master data not updating from SAP To iVend and vice-versa.

      This KB is for Internal Purpose Only for CitiXsys Environment: iVend 6.6 with SAPB1 Problem Statement: Sales and Purchase Tax Code on Item Master data not updating from SAP To iVend and vice-versa. Resolution/Work Around: Please get the latest ...

    • iVend Retail - Quick data entry form to enter Product Master data

      iVend Retail - Quick data entry form to enter Product Master data (Product List) In earlier version of iVend there were only two (2) ways by which Products could be entered in to the iVend system and these were: 1. Import / Export 2. Product Master ...