Automatic Cost Adjustment = Day

RachelSoon

Dear All,
Anyone has any idea when will the system start to process the cost adjustment if i set the "Automatic Cost Adjustment" to Day (at the Inventory Setup)?

Thank you.

Regards
Rachel

Kowa

That will happen automatically when e.g. the sales order is posted
and the Day-Criteria is fulfilled.

Online Help

Day - Costs are adjusted if posting occurs within one day from the work date.

David_Singleton

RachelSoon wrote:

Dear All,
Anyone has any idea when will the system start to process the cost adjustment if i set the "Automatic Cost Adjustment" to Day (at the Inventory Setup)?

Thank you.

Regards
Rachel

Hi Rachel,

its not date based, its transaction based. Basically what happens, is that when you post a transaction that will make Item Ledger Entries, the system looks at the costs related to those entries (via the Value Entries that are created) and it then makes postings ONLY FOR THAT TRANSACTION to the G/L so that you COGS related accounts are upto date.

But it does not affect transactions all ready in the system. So once you tick the box, you need to run the "Batch Post Costs to G/L" routine to bring everything up to date.

Also be warned that ticking the box does not capture everything, so you will still need to run the batch job on a regular basis.

samyoong

Hi David,

By changing Automatic update to manually update -daily, the system seems update everything even if run Adjust Cost - Item Entreis with back-dated Work date

Or, alternatively, would you have any suggestions which will not slow down performance when user process back dated Inbound transactions
[Existing Costing is Always update]
:-k

Thanks & Regards
Sam

pandusp167

8)

Options in the Automatic Cost Adjustment represent, how far back in time from the current work date you will allow the program to perform an automatic cost adjustment

If options selected is Day then Costs are adjusted when posting if the affected transaction occurred within one day of the current work date.

Similarly for Week, Month, Quarter etc..

Please note that system performance will be effected by this process, if you select shorter time period such as Day or Week provide you with better system performance. However, it also means that until you run Adjust Cost - Item Entries batch job system won't update Unit Cost hence cost won't be accurate, since any costs posted over a day or week ago will not be updated.