Periodic Costing Daybooks
You should create the Periodic Costing daybook type in Daybook Create (25.8.1.1). You create two daybooks:
• PC calculation daybook
This daybook is for Periodic Costing transactions the system creates during PC calculations. The layer code is Transient and Daybook Control is set to Operational.
• PC final daybook
This daybook is for finalizing Periodic Costing transaction postings for the cost calculation period. This is either the official or the management layer, depending on which mode you use:
• When you use adjustment mode, set the PC final daybook to management.
• When you use complete mode, set it to official.
Periodic Costing Daybooks
The system captures the Periodic Costing GL transactions—after you run PC calculation— in the transient layer (the PC calculation daybook). When the cost accountant feels the calculated PC cost and the financial data are as expected, the cost accountant uses Mass Layer PC-Transfer Execute to post the GL transactions in the transient layer to the final daybook layer.
For journal entries of Periodic Costing in a transient layer:
• You cannot delete or change transient postings coming from Periodic Costing using the normal Journal Entry (JE) form.
• You cannot create transient postings in a daybook that point to Periodic Costing using the normal JE form.
The system ensures that no postings on a PC daybook are created in a period that is closed.
For more information on Daybook Create (25.8.1.1), see
QAD Financials User Guide.
