Replacement Cost Journal Entry Program

Use the Replacement Cost Journal Entry program (R76H6396) to generate the journal entries that record the difference between the historical average cost and the new cost (replacement cost).

The Replacement Cost Journal Entry program selects all records in the F76H6205 table for the legal company, century, and period specified in the processing options of the Replacement Cost Header Process program.

For each selected record, the system:

• Calculates the adjustment amount.

• Accumulates the adjustment amount.

• When all selected records are processed in final mode, writes entries to the F0911 table for the accumulated amounts for each account.

  The system uses AAI 3910 for inventory and uses AAI 3911 for the adjustment amounts.

• When processed in final mode, updates the item ledger if the GL entry was not created as a reverse and the ledger type of the record is AA.

• Prints a report indicating the account number, debits, and credits for the selected records.