Costing Migration Process

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Introduction

The costing migration process initializes the new costing engine.

This process creates a costing rule which uses the "Average" costing algorithm for each legal entity of the instance.

The costing migration process is done in three steps:

1st step:
this process generates the closing and the opening balances of the inventory per each organization and warehouse with stocked products. The opening inventory balances are left in draft status therefore can be reviewed and the unit costs set are based on the "legacy" costs.

2nd step:
the user can review the opening inventories to set up the proper stock and cost if needed. Once done the opening inventories can be processed.

3rd step:
the migration process is launched once again to validate all the costing rules set once all the opening inventories have been processed.

When the process is finished it is recommended to schedule the "Costing Background" process to automatically calculate the cost of all material transactions.

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