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Manufacturing - JDE1 (MOSC)

Question about WIP Revauation

Jan 20, 2015 10:05AM edited Jan 28, 2015 10:01AM in Manufacturing - JDE1 (MOSC) 3 commentsAnswered

Hi to all

We use standard cost with standard discrete and process items and also with configurated items

this year we implemented manufacturing accounting but did not setup WIP revaluation as we didn't update our standard cost in the middle of the year

Now we are going to set up an automatic process for updating our standard costs monthly, and I need to know if I have to setup WIP revaluation or not

So my question is:

Is mandatory to run wip revaluation when you run the frozen update?

what is the impact of not running this? (ie: will my accounting get unbalanced, or will only register the difference as an engineering variation)

0

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