Account Alias Issue generates Cost Variance in Perpetual Average Costing
Summary: Below is the sequence of transactions performed on the item. During the Account Alias Issue transaction, we observed that a Cost Variance entry was generated for the same amount by which inventory was depleted. We would like to understand how this Cost Variance was generated. Please refer to the screenshot below for details.
Transaction Type | Transaction Cost | Qty | Average Cost |
|---|---|---|---|
Account Alias Receipt | 5,274.82 | 2 | 5274.82 |
Purchase Order Receipt | 5,248.00 | 1 | 5265.88 |
Account Alias Receipt | 0 | 2 | 3159.528 |
|
|
|
|
|
|
|
|
WIP Material Issue | 3159.528 | -1 | 3159.528 |
Cycle Count Adjustment | 3159.528 | -2 | 3159.528 |
Account Alias Issue | 3159.528 | -2 | 3159.528 |
Content (please ensure you mask any confidential information): Removed
Version (include the version you are using, if applicable):
Code Snippet (add any code snippets that support your topic, if applicable):