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Thread: Pastel Partner - Change average cost of stock

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    Pastel Partner - Change average cost of stock

    Greetings everyone

    I am Simona

    I would really appreciate assistance on the following:

    I have inventory items with a stock on hand but i cant adjust average cost under cost price tab in edit inventory item??


    Please assist on how i can adjust average cost/last cost with inventory on hand?

    BIG THANK YOU

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    Diamond Member Neville Bailey's Avatar
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    Hi Simona,

    Process an inventory journal to take all the existing quantity of the inventory item out and then update the journal.

    Process another inventory journal to bring it all back in, but change the unit cost to what you want the new average cost to be.
    Neville Bailey - Sage Pastel Accounting Consultant
    neville@accountingsoftwaresupport.co.za
    IronTree Online Solutions

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

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    Thank you so much.
    I really appreciate it

    Have a blessed evening

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