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How to Perform a Cost Accounting Adjustment Posting in SAP Business One!

By Patrick Burt

Working with cost accounting serves your business only if costs and revenues are recorded accurately to the relevant cost centers. Lots of planning and thinking are invested for defining the required structure of cost centers and distribution rules, but in business as in life, things are very dynamic and changes are made on the go. For example, certain part of a showroom is allocated for couple of months for storage purposes. In such case, the relative part of rental expenses for the given period should be allocated to a different cost center. In order to reflect such scenarios, SAP Business One enables you to record Journal Entry for Cost Accounting Adjustment:

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With a dedicated numbering series and G/L account specified as “Cost Accounting Adjustment Only”, you can create a manual journal entry that can be easily distinguished from all other transactions.

Available from SAP Business One 9.3 , version for SAP HANA and SAP Business One 9.3. For more info, contact Mark Burt at mburt@resolvitsc.com or click here for more SAP Business One information!

Topics: value of erp, ERP for business, goals, SAP Business One, B1 Blog, sap

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