Create Cost Accounting Distributions - Time of Item Cost -- FIFO
Hello,
To check Timing of processing new Item Cost - If Item was out of stock and po receipt done on new price, system picking old item cost.
Scenario:
1. Item originally Purchased at EUR 10 , Quantity= 200
Internal Request raised for QTY 200.
2. Item is no more available in stock.
3. New PO raised to order the Item but now at EUR 15, Quantity = 500
4. PO Receipt done to increase ON HAND qty.
5. At that moment, a user is creating an IR on the item and shipped.
5.1 Item has been shipped at old cost, EUR 10.
6. Inorder to get the latest ITEM COST, Schedule processes like transfer transactions from receiving to costing, create receipt accounting, create accounting, etc... shall be launched.