Standard Cost Accounting

When you create journal entries, the program locates unaccounted units in the Work Order Parts List table, the Work Order Routing table, and the Work Order Master table, and creates journal entries for them. The program then purges the unaccounted units from the tables.

The program also updates actual, planned, completed, and scrapped costs in the Production Cost table. This information is used by the Variances program (R31804) to create journal entries for transactions with variances.

Note: After the Order Processing program (R31410) establishes standard costs for configured items, journal entries for configured items are created in the same way as for nonconfigured items.