On the "Periodic Cost Accounting Transactions" screen, fiscal year periods (for example, for months) are listed.
You can perform both Production Cost and Inventory Cost transactions for these "Cost Accounting Periods".
Production Costing
The " Production Cost Calculation Status" for these periods will be shown in the " Production Costing" column on the " Periodic Cost Accounting Transactions" screen.
If there is no production in the relevant period, the message " No Production" will appear under the " Production Costs" column on the " Periodic Cost Accounting Transactions" screen.
If production has been carried out in the relevant period, the message "A - Non-Production Cost Transactions" will appear under the "Production Costing" column on the "Periodic Cost Accounting Transactions" screen.
After the production costing is done, the message "X - Production Costs Calculated" will appear under the "Production Costs" column on the "Periodic Cost Accounting Transactions" screen.
If there is an error in the calculation, the message "B - Errors in Production Cost Calculation" will appear in the "Production Costs" column on the "Periodic Cost Accounting Transactions" screen.
To start the calculation, you need to click on the relevant period line.
Production Cost Type
If there is production, "Production Cost Type" will be displayed in the window and you need to select one of the following types from this window.
Calculating Inventory Costs
To calculate inventory costs, you must click the "Cost Calculation" button.
Cost Calculation Status
Before performing a calculation, the status will be displayed as "A - Unfinished Cost Transactions" on the "Cost Accounting Period Information" screen.
Once the cost has been calculated appropriately, the status is shown as "X - Calculated Costs".
If there are errors in the calculation, the status will be shown as "B - Inventory Cost Calculation Contains Errors".
Calculation Logs
If you receive an error condition, you can press the "Calculation Logs" button and in the "Cost Calculation Error - Warning Logs" screen, you can press the "Report" button to view the error logs. After correcting the errors, you can press the "Cost Calculation" button again to redo the calculations.
If the costs have been calculated successfully - in other words; if there are no errors in the cost calculations - the " Create Cost Accounting Voucher" button will appear in the " Cost Accounting Transactions" section.
You can press this button to have the system create cost accounting vouchers.