You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Standard cost adjustment account based on subinventory

edited 12:59AM in Costing 2 comments

Summary: Standard cost adjustment account based on subinventory

The inventory valuation account is mapped to subinventory.

Costing Method- Standard

Standard Cost adjustment- Subinventory an input source available in this event class

Content (please ensure you mask any confidential information):

How will the standard cost adjustment work in case the inventory valuation account is mapped to subinventory ?

Org: INV1, Item - Item1, Standard cost- 210, Updated cost -250

Subinv- Sub1- Account-120011, Onhand -20

Subinv- Sub1- Account-120015 , Onhand -200

Subinv- Sub1- Account-120020,, Onhand -200

The expected costing account for std cost adj is : Inv Val account (Dr/Cr) for each subinv & Offset (Dr/Cr)

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!