How to set up a separate valuation account.
Posted: Fri Jun 10, 2011 9:29 pm
Hi All,
I have a problem regarding our office supplies valuation account, by the way we are using average costing then requirement in accounting dept is to separate the valuation account to the valuation account of merchandise Inventory. My question is how change the valuation account in the subinventory level because as you define subinv the valuation account is defaulted to the account setup in the organization parameter and it cannot be change. We have to track the quantity and the valuation of our office supplies because we purchase in bulk.
Best Regards,
john
I have a problem regarding our office supplies valuation account, by the way we are using average costing then requirement in accounting dept is to separate the valuation account to the valuation account of merchandise Inventory. My question is how change the valuation account in the subinventory level because as you define subinv the valuation account is defaulted to the account setup in the organization parameter and it cannot be change. We have to track the quantity and the valuation of our office supplies because we purchase in bulk.
Best Regards,
john