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When does Standard cost update results in Expense, Standard cost adjustment accounting entries?

edited Sep 5, 2024 8:31AM in Costing 2 comments

Standard cost update has been done for all the items. After running cost accounting proesses, accounting entries generated are Inventory Valuation, Standard Cost Adjustment. For three items accounting type generated is Expense, Standard Cost Adjustment. We are not able to figure out which scenario results in generation of Expense, Standard Cost Adjustment.

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