Hi
How [Applies-to Entry] & [Applied Entry to Adjust] fields work in Item Ledger Entry in case of Fifo
Thanks
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I have the same question (0)"Applies to Entry" is the entry against which application has been done. In case of FIFO, lets say we make a Sales Entry, then the application of ILE is done to the another ILE (having Remaining Qty>0) with the oldest Posting Date first.
Now, Irrespective of what Costing Method one is using, "Applied Entry to Adjust" will remain open against an ILE till the "Adjust Cost Item Entries" batch job is not run (after the application has been done to that ILE).