Inventory variance postingProcessing of inventory variances results in financial transactions that clear the interim variance account, and if possible assign the variance to inventory. The Variance Posting Date parameter in the Inventory Analysis Parameters (whina0100m000) session indicates the date on which the inventory variances are posted in the Financials. Variances are posted when you run the Process Inventory Variances (whina1200m000) session. You can select from the following options: Variance posting date
Goods Receipt Date This option posts the processed inventory variances based on the transaction date on which the goods are received in the Warehousing. Variance Transaction Date This option posts the processed inventory variances based on the date on which the variance is actually recognized. The date on which the variance is recognized depends on these scenarios:
Variance Processing Date This option posts inventory variances on the date the variances are processed that is the current date. You must use this option for the following inventory valuation methods:
It is not mandatory to set this parameter to Variance Processing Date in case of MAUC valuation. LN ignores this parameter in case of MAUC valuation and variances are always processed on the variance processing date. Note The Variance Processing Date (current date) cannot be prior to:
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