1. Localizations for Chile Implementation Guide
  2. Calculating the Replacement Cost for WIP and FG for Chile

Calculating the Replacement Cost for WIP and FG for Chile

This section provides an overview of how the system calculates replacement costs and discusses how to:

  • Set processing options for the Replacement Cost Process Header program (P76H6201).

  • Calculate replacements costs for works in process (WIPG) and finished goods (FG) produced for the period.

  • Calculate replacements costs for WIPG and FG with a balance but not produced.

  • Update the item cost, item ledger, and generate journal entries.

  • Set processing options for Replacement Cost Journal Entry (R76H6396).