Previous | Next | Contents | Index | Navigation | Glossary | Library |
To perform this type of standard costing, define a recurring journal entry formula using the appropriate statistical account and a fixed amount for standard cost. Or, you can maintain the standard cost as a statistic in a different account. Each accounting period, adjust the statistical account balances before generating the recurring journal formula.
Creating Recurring Journal Formula Batches
Generating Recurring Journal Batches
Previous | Next | Contents | Index | Navigation | Glossary | Library |