Prerequisites

Before you complete the tasks in this section:

• Verify that each item or pool has an assigned valuation method.

  See Assigning Valuation Methods.

• Verify that two versions of the Period Build program are set up.

  See JD Edwards EnterpriseOne Tools Foundation Guide.

  During period build, if an accumulation for the year exists, the program starts at the beginning of the year and allocates the accumulated quantity forward throughout the layer. If a depletion for the year exists, the program starts at the end of the layer previous to the current year and subtracts the depleted amount backward throughout the layer.

  The program uses the allocations to calculate the adjustment amounts for LIFO accumulation/depletion.