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Passive Costing Items are Items where Costs are maintained but the Costs do not post to the General Ledger as part of the NorthScope costing features. They are identified as Items with an 'Item Type' of "Inventory" and a 'Costing Method' of "Passive". For these Items:
- Actual and Market Costs can be maintained by 'Inventory Lot'.
- Layer Costs can be manually updated.
- Cost data does not post to the General Ledger.
- Perpetual inventory balances will include the costs that have been maintained.
- The balances in the Inventory Balance Sheet GL account(s) will not match the sum of the Inventory value on the Inventory Valuation report unless manual journal entries are made.