Summary:
What causes cost correction distributions to be made as a result of posting physical count adjustments?
Cause:
Posting physical count transactions should not generate cost correction distributions, as variances are calculated using each item location’s average cost. However, if an item’s on-hand quantity times its average cost does not equal its G/L value, a cost correction could be generated when you post physical count transactions for the item.
Article ID: 597
Created: September 29, 2014
Last Updated: March 31, 2015
Online URL: https://counterpoint.knowledgebase.co/article.php?id=597