Structure Consumption Accounts to Reflect the True Cost of Sales

Structure Consumption Accounts to Reflect the True Cost of Sales

Published: 02/September/2010

Reading time: 11 mins

Learn the configuration settings that determine which accounts are posted to when performing the various transactions on a production order (e.g., goods issue, confirmation, goods receipt, work in process, overhead, and variance calculation). Then see how to structure these accounts in their financial statements to reflect the true cost of goods sold. Key Concept Several…

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