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Inventory Revaluation
Enable any revaluation of Stock to be recorded
Debit |
Credit |
(Inventory) STOCK |
REVALUATION OF STOCK VARIANCE |
Inventory:
The Inventory Warehouse Category Mapping is evaluated first to determine the Inventory Cost Centre for the Item based upon its Category. If no Warehouse Category Mapping rule exists,
then the Inventory Cost Centre is evaluated from the Warehouse of the transaction to determine the Cost Centre for Inventory. If no Warehouse Inventory Cost Centre exists,
then the Stock Cost Centre from the Base Cost Centre Mapping is used
Revaluation Of Stock Variance:
The Inventory Warehouse Category Mapping is evaluated first to determine the Revaluation Variance Cost Centre for the Item based upon its Category. If no Warehouse Category Mapping rule exists,
then the Inventory Cost Centre is evaluated from the Warehouse of the transaction to determine the Cost Centre for Revaluation Variance. If no Warehouse Revaluation Variance Cost Centre exists,
then the Revaluation Variance Cost Centre from the Base Cost Centre Mapping is used