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Update Inventory Cost Run based on FIFO Period Cost

Dear experts,

I do not understand the following postings.

Why was the posting reversed back at 10/01?

Best Regards,

Fred

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2 Answers

  • Best Answer
    Feb 27, 2017 at 12:01 PM

    Hello Fred,

    If there is stock in future periods and system will post reversal for journal entries.

    so when you are trying to update inventory cost in current period , it needs to adjust to ensure your stock in future period is fine and this is the correct behavior.

    Best Regards,

    Annapurna

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    • Dear Annapurna,

      Thanks for your answer.

      Just to be more clear, can you please provide a simple scenario.

      Sometimes, there is only one posting without any reversal. Can you please provide scenarios for both?

      Best Regards,

      Fred

  • Feb 27, 2017 at 01:28 AM

    Hi experts,

    Is there any suggestion?

    Best Regards,

    Fred

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