Revaluation Journal Posting after Cost Roll up

  • Revaluation Journal Posting after Cost Roll up

    Posted by Joseph Gorman on April 11, 2023 at 12:58 pm
    • Joe Gorman

      Member

      April 11, 2023 at 12:58 PM

      Hello,
      I have been running some tests for the cost roll-up and it looks like if I roll up costs for a certain item say from .75 EA to 1.00 EA then after I post the reval journal today BC will go back to previous transactions and revalue them so that I get transactions for item journal adjustments, transfers, or purchase  receipt/invoices that took place a month or two ago posted today as a result of the reval.
      Is that correct, will the reval not just revalue the inventory on hand but also revalue previous transactions?

      Thanks..

      ——————————
      Joe
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    Joseph Gorman replied 1 year, 1 month ago 1 Member · 0 Replies
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