Replacement Cost Process Header (P76H6201)

Use the Replacement Cost Process Header program (P76H6201) to calculate the replacement cost for WIPG and FG produced in this period, and for WIPG and FG that were not produced in this period, but which have balances.

The Work with Replacement Cost Process header form displays the existing records in the F76H6201 table. You create new records for the F76H6201 table when you use the Add option on the form. When you add records, the system validates that the actual cost process and the inflation adjustment for raw materials was completed for the same period for which you calculate the replacement costs for WIPG and FG.

You also use the Replacement Cost Process Header program to launch the program that updates the item cost and item ledger (cardex) and to generate the journal entries that records the difference between the historical actual cost and the new calculated cost.