Reversing Calculations
Once you run periodic costing calculations, you can reverse them using PC Calculation Reverse (30.5.23). You can reverse calculations regardless of the costing method you used (WAVG or FIFO) and regardless of whether you used complete or adjustment mode.
The following figure depicts a reopened month end close and reversed periodic costing calculations.
Reopen Month-End Close and PC Calculation Reversal
To reverse calculations, enter the calendar year and calendar period for the cost set.
PC Calculation Reverse (30.5.23)