Layer Cost Update
Is it possible to update the layer costs twice with the same rate.
Following is the scenario:
Separate Account head for each cost element.
Layer Cost Update done with the same rate twice.
System created two accounting entries for each of the layer cost update done, as it is evident from the report 'Material Account Distribution Detail'.
What will be the impact upon the Inventory valuation. Kindly let me know how the layer cost update (any change in rates) will affect the inventory valuation.
Clarification on the following also:
Kindly confirm that the debit will be to the account associated with the cost element and credit will be to the adjustment account specified by the user if it involves increment in cost and vice versa.
Following is the scenario:
Separate Account head for each cost element.
Layer Cost Update done with the same rate twice.
System created two accounting entries for each of the layer cost update done, as it is evident from the report 'Material Account Distribution Detail'.
What will be the impact upon the Inventory valuation. Kindly let me know how the layer cost update (any change in rates) will affect the inventory valuation.
Clarification on the following also:
Kindly confirm that the debit will be to the account associated with the cost element and credit will be to the adjustment account specified by the user if it involves increment in cost and vice versa.
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