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New Cost Book for an existing organization

edited Nov 29, 2019 2:13PM in Accounting / ERP

Hello to everyone,

First of all many thanks for reading this thread.

I'm in a project that went live 1 year ago. Now they are requiring a new cost book that makes accounting in a secondary ledger in GL.

Particularly they have a new cost book which has defined a standard costing method and the new one has to have a perpetual average method.

the question here is what should be the correct process to implement this new cost book:

a- should I process all the transactions?

     a.1-we may have a problem to open all the GL periods to generate accounting.

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