Understanding Cost Object Tracking in Stock Valuation GL Update

The Stock Valuation GL Update program (R39130) updates the general ledger for the valuation methods that are defined as general ledger update methods. The program updates the general ledger based on one valuation method for each item number or item pool.

For each item or item pool, the system verifies the cost object type and the cost object edit code that you defined in the Account Master table (F0901). When you enter an item, the system edits cost object information against the Item Master table (F4101) only if you have installed the JD Edwards EnterpriseOne Inventory Management system.

The Period Build program calculates the amounts to be updated. Additionally, records for the next period are built for the Period Detail Work File (F39120W) and Additional Quantity Work File (F39121W) tables. These records contain the opening balance for the next period. For dual currency, the program writes a record for the stable currency to the general ledger.

After you approve the general ledger updates, you can post them to the general ledger. Posting completes the valuation process and posts the actual stock value for the period end.

See also:

• "Understanding Valuation Methods" in the JD Edwards EnterpriseOne Applications Advanced Stock Valuation Implementation Guide.