Transfer Orders are coming in at zero cost. Use Item Cost as Transfer Price is checked in the Accounting Preferences and the Transfer Price field at the item level is blank. We use Average Costing.

AI generated answer (using internal Slack threads):

Based on the conversations, it seems that the issue of Transfer Orders coming in at zero cost even when 'Use Item Cost as Transfer Price' is checked in the Accounting Preferences and the Transfer Price field at the item level is blank, could be due to a few reasons: 1. If the 'Transfer Price' field is not blank and has a value, it will override the 'Use Item Cost as Transfer Price' setting. So, ensure that the 'Transfer Price' field is blank. 2. If the 'Use Item Cost as Transfer Price' is checked, it will use the Location Average Cost of the Location you are shipping FROM as the IF cost and the Location Average Cost of the Location you are shipping TO as the IR cost. If these costs are not set or are zero, it could result in a zero transfer price. 3. If the 'Use Item Cost as Transfer Price' is not checked and the transfer orders are already received, you cannot go in and check that box after the fact. In such cases, you could use the Inventory Cost Revaluation record type if Standard Costing is enabled. Another option would be the Inventory Worksheet, but you lose LIFO/FIFO if you have that implemented. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******