Inventory Revaluation account on 11i
Hi all.
I have a customer on 11.5.10.2 running regular Standard cost method.
I've been working a lot with R12, both Discrete and Process manufacturing modules. My question is:
- Is there any Event / Journal / Posting / whatever, that's the same as the Inventory Revaluation that we can see in OPM Financials?
The type of entry I'm looking for is the difference between current Inventory balance (at Standard cost) minus period Inventory balance (at Standard cost), the post on R12 is such as IRV x INV.
Thank you for the help.
Caio Mancini