If you use Standard cost type for your Items and you want to change it, you need to use Standard Cost Worksheet. When you run Implement Standard Cost Changes command, all changes will be moved to Revaluation Journal.
When you post Revaluation Journal, you will get following G/L entries, if you have cost increasing:
If you have cost decreasing, you will get the same Accounts, but the different values, as following:
2 thoughts on “Posting Groups #7 – Change Standard Cost”
[…] 7) Change Standard Cost (using Revaluation) […]
[…] Bron : Totovic NAV Blog Lees meer… […]