Hello Friends!
A mistake was made and parts were issued to a job at $0. We need to correct the costing so everything is charged to the job correctly. Is there a way to accomplish this? The parts were already issued.
Should be be able to “Return Material” (puts it back in inventory), adjust cost, then re-Issue Material.
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Ahhh thanks, let me give that a try!
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If you run the Production Detail report afterwards, you should see all of the transactions show up.
STK-MTL (positive qty) with zero cost
STK-MTL (negative qty) with zero cost
STK-MTL (positive qty) with positive cost
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Thank you @hackaphreaka ! I haven’t tested either method yet, will do that today. It begs the question…which approach is best practice ? 
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IMO performing transactions in the system that didn’t actually occur in real life doesn’t ever feel like it to me. I would go with the adjustment.
And reporting to accountants most of the time, and since this is a journal, it is easier from a historical perspective to see things come in and out and then in again. This is as true for journal entries as inventory entries. Adjustments require extra documentation and investigation. Accidents happen, and if I’m an auditor, I want to see them and see them fixed.
Also, if you’re not standard costing, the adjustment will not correct your Average/Last/Lot costing.
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Agreed. A job adjustment would work but it’s not as clean as tying it to the actual material, IMO.
Extra transactions, but easy to follow and will instantly understand why.
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Brutal reality of those costing methods.