When the Periodic Costing setup is in adjustment mode, the calculation creates an equivalent reversal GL transaction for all standard cost inventory and operations transactions in GL. The system posts these reversals to the Periodic Costing daybook you define in the Periodic Costing Control (see Periodic Costing Control).

When either adjustment or complete mode is in use, the system creates additional GL transactions for the calculated periodic cost of the transaction. Exceptions include ISS-WO transactions and inventory transfers within the same site.

The system creates a summarized GL unposted transaction for accounts up to the analysis level (SAF, when SAF is enabled for the account) for posting. All GL posting lines have the same daybook, daybook number (voucher), and GL reference ID; and the effective date is the last day of the cost calculation period.

The system determines the accounts that it uses for the Periodic Costing GL transactions following the same rules as in standard costing. For more information on standard costing, see QAD Costing User Guide.

When you enable mirror accounting for the domain, the Periodic Costing calculation also creates GL unposted transactions for the mirror accounts.