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Aquisiton Cost Adjustment for Standard Cost Method->24D Mandate Upgrade

in Costing 3 comments

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?

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