The ACCDATSTK parameter is useful in that it controls the purchase variance posting when a purchase invoice is entered. If there is a difference between the PO price and the Purchase Invoice price this parameter will control if the variance should be posted to the purchase receipt date or the invoice date. One problem with this parameter is when you set it to invoice date, the journal entry for the purchase variance gets correctly booked to the invoice date, but the respective STOJOU records still is booked back to the purchase receipt date. This can cause a problem when performing month end reconciliations between the GL and the Stock Valuation Report. It would be better when this parameter is set to invoice date, both the journal entry and the STOJOU record were booked on the invoice date.
by: Kevin C. | over a year ago | Financials
Comments
Agreed. This causes a reconciliation issue when comparing STOJOU and the stock valuation report to the GL.
Agreed.