Aquisiton Cost Adjustment for Standard Cost Method->24D Mandate Upgrade
Summary:
Hi Team,
We are using Standard Cost Method currently. The mandatory new feature-"The redesigned acquisition cost processor – released in Update 22D"
Does this feature Impacts standard cost method as well?
Content (please ensure you mask any confidential information):
We are using standard cost method with purchase order Invoice Matching option: Receipt.
we have not opted Acquisition cost processor till now. All the invoice variances we are expensed out.we are not bringing them into inventory valuation.
we are going through the recording & the PDF attachment shared. at the end of the slide the account entries for standard cost method is mentioned as below. does this means it won't impact Standard cost method?