ITEM CONSUMPTION FOR *** CANNOT BE UPDATED BECAUSE THE COST PRICE IN KNOWN ONLY FOR ** IN STOCK

When you are posting transaction, if you see this type of error then follow the method which is mentioned below. This issue is based on Item to get as a negative stock inventory, for this need to modify some settings in that particular Item.

ITEM CONSUMPTION FOR CANNOT BE UPDATED BECAUSE THE COST PRICE IN KNOWN ONLY FOR IN STOCK

SOLUTION:
Go to Inventory Management >> Common Forms >> Item Details >> Select the particular Item

Then click the Inventory Model Group in General Tab. Check the Financial negative inventory in setup button is enable or not. If it is not enabled, enable that and save it.


Now you can End the Production order.

15 comments:

  1. the error message appears for example if you receive materials and you did not register the invoice... so depends on the company if they have a rule for that cases or not. in my case we need register always the invoice before made a material consumption

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  2. this answer is perfect. Thank you so much! because I just unchecked the Allow negative financial, because it is not best practice, therefore i have the error. But i know that i did not invoiced my PO.

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