RE: STILL WRONG COSTS
As has been said before, from an accounting perspective this is a very complex issue, which is why it hasn't been attempted before. What you are saying is that you will retrospectively revalue an item, which could in the meantime have been sold, used in a kit or manufactured item, used in a sub assembly that was then used in a manufactured item etc etc, and so everything has to be changed, and the correct GL entries generated for every subsequent transaction that has occurred, not just for that item, but for all dependent items.
Perhaps you could start by producing a specification here for how you see it working and it can be discussed from there?
Tim
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