The following describes the accounting transactions the system creates when you change the Standard cost field in the Item/warehouse file and the cost type is Standard cost and Cost per warehouse is active. In this example the standard cost is changed in warehouse STO.
Prerequisites
Quantity in normal stock warehouse CEN | 90 |
Quantity in normal stock warehouse STO | 20 |
Quantity in transfer from warehouse CEN | 10 |
Current standard cost warehouse CEN | 15.00 |
Current standard cost warehouse STO | 16.75 |
New standard cost warehouse STO | 17.35 |
Created transactions
Note: Since Cost per warehouse is active, no transactions are created for either the stock in warehouse CEN or in the goods in transfer from that warehouse.
Transaction type | Description | Amount Debit |
Amount Credit |
Calculation/Result/Additional info | |
---|---|---|---|---|---|
901 | Stock value | 12.00 |
This transaction increases the stock value for the stock on hand in warehouse STO. |
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909 | Standard cost change | 12.00 | This is the cost for the stock value change for warehouse STO. This could be accounted on a cost account in DC1 Financials. |