Hi, As per our client he is not going to close financial year -2008 in the system as they are going to post some entry in backdate after 01/04/2008 and year also not going to close in the system. They are going to pass some stock entry in the month of march -2008 . In this I would like to know is there any impact of the costing and inventory valuation for this backdated entries. We are using 3.70A Please revert asap. Regards Amol
Witch costing method are you using for your items?
Item costing in 3.70A isn’t affect by fiscal years. since item costing is related to acquisition costs. You can control posting item costing to G/L by using allow with allow posting from field.