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ReportDoes anyone have any documentation on how to close the year with manufacturing using standard costing?
Thanks.
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Does anyone have any documentation on how to close the year with manufacturing using standard costing?
Thanks.
*This post is locked for comments
Manufacturing has a Standard Cost Rollup process. You can use this ANY time to rollup and post costs.
Year end closing has no specific steps for manufacturing! If you want to perform a revaluation of standards at year end, simply run the Rollup (under Routines->Rollup and Revalue) to recalculate standard costs to a work table. Then examine the proposed changes from the report. Make any needed changes and run the Revalue function.
This process is documented in detail in our Manufacturing Cost Accounting for Dynamics GP manual. Check it out on our web site.
You can use the Update Standard Cost window in my previous post. Have a look at this and let me know if it resolves your issue.
Best regards,
Are you getting any particular error messages? What exactly do you need to know about the year end close process?
The following windows may be of help: Manu >> Cards >> inventry >> Std Cost Changes, and Tools >> Routines >> Manufacturing >>Roll ups.
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