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Accounting Date for Standard Cost Adjustment transaction

edited Jan 28, 2023 11:31AM in Costing 1 comment

Summary:

Accounting Date for Standard Cost Adjustment transaction

Content (required):

If Standard Cost Update happened in Dec-2022 and the transaction got Cost Processed. However, Accounting happened in Jan-2023 due to an unavoidable situation. What should be the accounting date for this transaction?

The Dec-22 period is closed when accounting of the transaction is happening in Jan-23. I would expect the Accounting Date to be in the Jan-23 period. But, the system is stamping with the Accounting date as the Transaction Date in Dec-22 month.

Version (include the version you are using, if applicable):

22D (11.13.22.10.0)

Code Snippet (add any code snippets that support your topic, if applicable):

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