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Summary 0029729: Differences between actual cost and standard cost (variances) should not trigger Cost Adjustments.
Revision 2015-05-29 14:47 by psanjuan
Description Differences between actual cost and standard cost (variances) should not trigger Cost Adjustments as the "Total Cost" and the "Unit Cost" of a transaction should not change.


Revision 2015-04-30 13:56 by psanjuan
Description Differences between actual cost and standard cost (variances) should not be managed as Cost Adjustments as should not changed either the "Total Cost" and the "Unit Cost" of a transaction. In other words should not trigger a cost adjustment transaction.

Same way variances caused by purchase price corrections must be posted to a "Purchase Price Variance" account.
Revision 2015-04-30 13:45 by psanjuan
Description Differences between actual cost and standard cost (variances) should not be managed as Cost Adjustments as should not changed either the "Total Cost" and the "Unit Cost" of a transaction. In other words should not trigger a cost adjustment transaction.

Same way variances caused by purchase price corrections and landed cost must be posted to a "Purchase Price Variance" account.
Revision 2015-04-30 09:49 by psanjuan
Description Differences between actual cost and standard cost (variances) should not be managed as Cost Adjustments, as those differences should not affect Inventory value same as Inventory Accounting.

Revision 2015-04-29 12:05 by psanjuan
Description Differences between actual cost and standard cost (variances) should not be managed as Cost Adjustments, as those differences should not affect Inventory value same as Inventory Accounting.

Current cost adjustment sources are:
- price
Revision 2015-04-29 12:02 by psanjuan
Description Differences between actual cost and standard cost (variances) should not be managed as Cost Adjustments, as those differences should not affect Inventory value same as Inventory Accounting.


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