Credit Note Stock Value Calculated on Sales Price Instead of Cost Price

EalSuite Platform General
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1

After creating a Credit Note, the stock value is being calculated based on the sales price instead of the cost price.

This is affecting our stock valuation. Can someone check?

2

Against which invoice was this credit note created?

3

It was created with a new reference, not against any specific invoice.

4

Thanks for confirming.

This is not a system issue.

Since the credit note was created independently (not linked to any invoice), and there was no direct purchase bill reference tied to it, the system could not trace the original cost of goods sold. Because of this, the valuation behavior occurred.

As of now, this is how the system works:

  • If a credit note is created against a specific invoice, the system calculates stock value based on that invoice’s Cost of Goods Sold (COGS).

  • If the item has already been purchased and exists in stock, the system takes the purchase rate.

  • If created independently without invoice linkage, the system cannot trace historical COGS from multiple invoices.

5

Thanks for the clarification.