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Unsettled Costs in Product Cost Collector and its impact to Actual Costing (Material Ledger)

Nov 01, 2016 at 08:20 PM


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Dear all experts,

We have 1 Internal Order for Product Cost Collector which has unsettled costs for the past 1 year. We realized that it will have impacts on the Actual Costs of these materials as well as the Finished Goods that consumed these materials. Now that we have moved on to a new fiscal year, we want to know other potential impacts of the above scenario in the current fiscal year and what can be done NOW to prevent them from getting worse?

Thank you.



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1 Answer

Best Answer
Jerson Medina Salmeron Aug 23, 2017 at 04:34 PM


It is best to settle the internal order for this new year (2017 I guees..) , the impact will be to be to shift the costs of that order your collector cost affecting the actual costs for the components of the cost of your finished products, you will have to absorb the variation in the current Period that you liquidate your internal order and take that to a specific variation account for your Financial and accounting reports . regards

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