[Version 11] Valuation rate from Item Master not working

[martin42]

Hi,
I have problem with using valuation rate in Item Master.
EDIT: I’m on 11.1.3 master
I have found here on forum, that if there is no entry in stock ledger, it takes valuation rate from item master. It is mentioned here

Valuation Rate not found for warehouse

In the latest version, you can set valuation rate in item master. The system picks the rate from there, when it does not get any incoming entry for a item to find its purchase cost.

and here

Valuation Rate doesn't work

Yes its not mandatory. Basically, valuation rate is based on your stock ledger entry either FIfo or moving average method. Valuation rate in Item master will be only used just in case the system cannot find any valuation rates in stock ledger. Mostly useful if negative inventory is allowed

I use moving average method and negative stock inventory. I have set valuation rate for every single item in its item master like this:

When I add this item to SO, then go to Edit Item row, there is no valuation rate (it is set to 0):

After Submitting SO, creating Material Req and submitting Material Issue, in Stock Ledgere is this:

And also in Project costing, where I expect price of consumed material based on valuation rate, is no cost for that item at all:

Any idea what could be wrong?

EDIT: If I create PO for that item, valuation rate is OK.

[martin42]

Still no ideas how to solve this issue?

[anastes]

Any updates on this issue?
I’m also facing this problem