How I reopen a prior period and post a journal to ...
# accountingm
Maximiliano
04/12/2023, 9:18 PMHow I reopen a prior period and post a journal to one of the subsidiaries without NS automatically doing the COGS adjustment? I basically opened the June period to post a journal however it seemed to have done some COGS adjustments and change the value for some of the item receipts and fulfilments? is there an easy way to identify these?
k
KevinJ of Kansas
04/12/2023, 10:11 PMThis means you closed your periods with costing still running most likely
KevinJ of Kansas
04/12/2023, 10:11 PMYou should really ensure that it is done before you lock the periods.
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Maximiliano
04/12/2023, 11:53 PM@KevinJ of Kansas thanks, would you kindly elaborate please? the issue is a prior period opened for a short amount of time just to post a journal and in that timeframe, the system created a few COGS adjustments...
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KevinJ of Kansas
04/13/2023, 5:39 PMYes. You closed the period while the costing system was running. It never finished. So you reopened the period and the system went "OOOH OOOH I CAN POST I CAN POST"
KevinJ of Kansas
04/13/2023, 5:39 PMRight now I'm almost 100% sure that your current Cost is wrong accross the board.
KevinJ of Kansas
04/13/2023, 5:48 PMKevinJ of Kansas
04/13/2023, 5:49 PMKevinJ of Kansas
04/13/2023, 5:51 PMIf a user has enabled the "Display Report Title on Screen" setting at Home > Set Preferences, a warning message is shown on financial or inventory reports when Cost of Goods Sold is calculating: "An inventory costing calculation is currently scheduled or in progress. Transactions on or after XX/XX/XXXX* may be affected. The values on this report may be incorrect until this calculation completes."
KevinJ of Kansas
04/13/2023, 5:51 PMKevinJ of Kansas
04/13/2023, 5:51 PMTry turning that preference on and see what date it tells you
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