IC125
IC125 - Standard Cost Valuation

Run Standard Cost Valuation (IC125) print a report that valuates currentinventory stock-on-hand quantities based on standard and future standard costsdefined for items in IC12.1 (Item Location). You can select the items printed on this report by location, report group, and/or inventory class. This form also provides the following update options: - 1) Roll future standard costs into current standard cost fields. - 2) Update the general ledger file with variance transactions. This formcreates cost variance transactions for general ledger. The cost variance represents the difference between extended current standard costs and extendedfuture standard costs defined for Item Location records in IC12.1 (Item Location). This form creates general ledger transactions. If you set the Standard CostUpdate flag to Yes, you must enter the general ledger posting date. You can post variance transactions to any general ledger period if two conditions are met: - The date is within 35 days of the inventory period end date - The general ledger period is open.

Updated Files
ADDRDATA - No Description Available.
CKPOINT - No Description Available.
ICCOMPANY - No Description Available.
ITEMLOC - No Description Available.
SYSTEMCODE - No Description Available.



Referenced Files
None.



INVOKED Programs
API4
ACAC
ACTA
IFCU
IFAC
IFOB
IFSG
SLSE
SLSU
IFLU
IFUP
IFFC
IFGT
GLCC
IFAU
IFRS
IFSC
SLSB
SLSS
IFJR
SLFD



File created: Thu Jun 09 11:17:58 2016

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