Possibility to avoid inventory revaluation with standard cost method
Summary:
Asking if it is possible to avoid the inventory adjustments when publishing a new standard cost.
Content (required):
Hi all,
I'm looking for some assistance to understand if it's possible to avoid inventory revaluation when working with standard cost method. In the manual I found this: "When you implement a new standard cost for an item, the standard cost processor automatically creates accounting adjustments to update inventory value. The adjustment is based on the revaluation of on-hand inventory as of the effective start date for the current standard cost.
Is it possible to avoid the adjustment creation? I'm asking this question because we have a particular situation in which costs are updated for every production lot launched for an item, on the basis of the production quantity.