Tech Tip: Updating On-Hand Quantity and Average Cost on the Received Goods Report

We have an item for which we have several received goods transactions based on the Received Goods Report; however, the item’s on-hand quantity and average cost never get updated. Why?

This happens if the Update On-hand checkbox is not marked in the Inventory Maintenance ► Settings (1) ► General area. The Receive Goods function will update the item’s on-hand quantity and average cost only if the item is set to update on-hand quantity.