The following describes the accounting transactions the system creates when you change the Standard cost field in the Item file and the cost type is Standard cost and Cost per warehouse is not active.
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 | 16.75 |
| New standard cost | 17.35 |
Created transactions
| Transaction type | Description | Amount Debit |
Amount Credit |
Calculation/Result/Additional info | |
|---|---|---|---|---|---|
| 901 | Stock value | 54.00 |
This transaction increases the stock value for the stock on hand in warehouse CEN. |
||
| 909 | Standard cost change | 54.00 | This is the cost for the stock value change for warehouse CEN. This could be accounted on a cost account in Financials. | ||
| 901 | Stock value | 12.00 |
This transaction increases the stock value for the stock on hand in warehouse STO. |
||
| 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 Financials. | ||
| 907 | Goods in transfer/stock supply | 6.00 |
This transaction increases the stock value for the goods in transfer from warehouse CEN. Goods in transfer are items entered on an Internal Replenishment Order (IRO) where the Internal Sales order has been confirmed in the delivering warehouse (delivered), but the Internal Purchase order has not yet been received in the receiving warehouse. Note: This transaction is not created if no goods are in transfer when the average cost is changed. |
||
| 909 | Standard cost change | 6.00 | This is the cost for the stock value change for the goods in transfer. This could be accounted on a cost account in Financials. Note: This transaction is not created if no goods are in transfer when the average cost is changed. |