Process

These processing options specify the date and the cost method that the system uses for processing stock valuation records.

1. G/L Date (general ledger date)

Specify the general ledger date that the system uses as the closing date. The general ledger date must equal the Thru Date from the Item Pool Valuation Cost Master table (F3908) to ensure that the system uses normal costs when processing the current year. If you leave this processing option blank, the system uses the current date.

2. Normal Cost

Specify whether to override the average unit cost with the normal cost when processing the report. Values are:

Blank: Average unit cost.

1: Normal cost.

You must set up the normal cost in the Item Pool Valuation Cost Master table (F3908) with the thru date equal to the end date of the fiscal year. The general ledger date from the G/L Date processing option must equal the thru date in the F3908 table in order for the system to use the normal cost when processing the current year.