Issue

In the Inventory Control (IC) application module, an incorrect posting will be created in General Ledger (GL) when performing an inventory count for an item that has no activity or on hand quantity. This occurs when you enter in a cost that is not the same as the standard cost.

The following steps were reproduced in Sage Pro ERP 7.4 with Service Pack 3 (SP3).
1.Use a Standard Cost Company
2.Create a new item1.Assign cost of $100.
2.Assign a location.
3.Do not enter a on hand quantity for this new item..

3.Enter an Inventory Count for an individual item.
4.Click Add.
5.Enter a quantity.
6.The cost field becomes editable.
7.Enter a new cost of $200.
8.Save.
9.Generate a detailed IC Journal Report for this item.

No variance account entry was created and the item was received at a new cost even though its a Standard Cost company.

Solution or Workaround

This issue has been reported in Sage Pro 7.4. PTR 88539 has been submitted to Sage Pro Development to be evaluated for future build.

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