Process Manufacturing - EBS (MOSC)

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Cost calendar periods

edited Jan 24, 2012 10:36PM in Process Manufacturing - EBS (MOSC) 2 commentsAnswered
I see lots of articles concerning the opening, closing, and use of inventory calendar periods.  However, I do not see much related to the cost calendar periods.  I know they need to be open when the inventory periods are.  I know the period freezes when final cost update is ran but that is it.  What is the benefit in closing the cost period?  Do the cost calendar period status impact month-end reconciliation any?

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